Market participants are changing gears on Monday from the war between the United States (US) and Iran in the Middle East to the anticipatedFederal Reserve(Fed) interest rate decision. Meanwhile, Bitcoin (BTC) andGold(XAU) are losing momentum, with BTC slipping below the pivotal $65,000 level while XAU remains sideways in the $4,000-$4,100 range.
Ripple(XRP) maintains narrow range trading on Monday, with support at $1.10. The token’s upside remains largely constrained, as major moving averages trend downward, aligning with low demand in both the institutional and retail markets.
Zcash (ZEC) is trimming gains below $500 on Monday, weighed down by broadercryptocurrencymarket headwinds. The privacy-oriented token hit highs around $589 in mid-July, supported by increasing retail appetite and a robust technical structure.
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