HYPE briefly overtakes Dogecoin, privacy tokens slide as US strikes on Iran rattle markets
60-second summary
Renewed Middle East tension and a rebound in oil prices cause a market pullback, with ZEC and XMR leading the decline, dropping 5% in a session that saw most major tokens retreat after weeks of gains, while HYPE briefly overtakes Dogecoin, as investors seek safer assets amidst escalating global uncertainty, weighing on cryptocurrency prices overall.
ZEC and XMR dropped 5% in a session that saw most major tokens pull back after weeks of gains, with the move tracking renewed Middle East tension and a rebound in oil prices.