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HYPE briefly overtakes Dogecoin, privacy tokens slide as US strikes on Iran rattle markets

CoinDesk·May 26Read the full story →

Hex37's read

  • Privacy tokens ZEC and XMR fell 5% amid geopolitical tensions.
  • Major cryptocurrencies experienced a pullback after recent gains.
  • Market sentiment shifted due to US actions impacting Iran and oil prices.

What it means for traders

  • Geopolitical events can trigger sell-offs in privacy-focused cryptocurrencies.
  • Broader market pullbacks may indicate a shift from risk-on to risk-off sentiment.

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