Arbitrum

April

Zcash

Coin

<ul class="wp-block-list news-points"> 
 <li>Arbitrum (ARB), EOS, and Zcash (ZEC) recently hit a fresh all-time low.</li> 
 <li>EOS is down 97% from its peak of $22.89, and ZEC is trading at $43, far away from its $5,941 ATH.</li> 
 <li>The market crash is attributed to the global economy being alarmed by geopolitical tensions</li> 
</ul> 
Following recent market-wide downturns, the prices of <a href="https://coinedition.com/arbitrum-arb-price-prediction/">Arbitrum (ARB)</a>, EOS (EOS), and Zcash (ZEC) hit rock bottom as investors’ sentiment shifted. On August 5, ARB tanked to $0.4317, setting a fresh all-time low (ATL) in its price history. While ARB has briefly recovered, trading at $0.5771 at press time, it is still down 75.7% from its all-time high of $2.4 in January 2024.&nbsp; 
ARB, the governance token for the Arbitrum network, faces increasing competition from other layer-2 solutions. 
EOS, a blockchain platform designed for scalable decentralized applications, has also suffered significant losses. The EOS token currently trades at $0.4971, after falling to an all-time low of $0.41988 on August 5th. This represents a staggering 97% decline from its peak of $22.89 in April 2018. 
Zcash, known for its privacy features, hasn’t escaped the downturn. ZEC also saw a sharp decline last week, hitting an a…
The post <a href="https://coinedition.com/arb-eos-zec-prices-tumble-to-record-lows-amid-recession-pressure/">ARB, EOS, ZEC Prices Tumble to Record Lows Amid Recession Pressure&nbsp;</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

ARB, EOS, ZEC Prices Tumble to Record Lows Amid Recession Pressure

Coin Edition

Other articles published on Aug 13, 2024

SEC Pushes Back Against Coinbase’s Demand for Gensler Emails on Digital Assets

Meme Coin SATS Price Rose 18%: Will It Target December 2023 Highs?

Silence on Crypto: Musk and Trump Sidestep Hot Topic in Interview

Solana Whale Invests $2.8 Million in Multiple Exchanges

Arthur Hayes Predicts Epic Altcoin Season, But Only After This

Coinbase calls out SEC’s “Irrational” rulemaking, are DEXs under threat?

Join our free newsletter for daily crypto updates!