Bitcoin swings $3,000 in 24 hours, ZEC and HYPE lead altcoin declines

Bitcoin experienced a volatile session, dropping to $81,000 in early Asian trading before quickly rebounding above $84,000. By early Tuesday, Bitcoin was trading near $83,500, demonstrating significant intraday movement across the $3,000 range. While Bitcoin managed to recover much of its earlier losses, most major altcoins lagged behind. Zcash (ZEC), a privacy-focused cryptocurrency, registered the sharpest decline among leading altcoins, sliding nearly 8% to around $1,210. HYPE, another digital asset, lost almost 6% to about $82.

Source: CoinTurk News