Bitcoin Cash at its lowest since September, Zcash digests NU7: the altcoin update
Original headlineBitcoin Cash au plus bas depuis septembre, Zcash digère NU7 : le point altcoins
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Bitcoin Cash (BCH) fell to around $262, its lowest level since September, leading a broader altcoin pullback on the morning of November 7 that also saw ETH, XRP, SOL and BNB trade under pressure. Meanwhile, Zcash moved to freeze roughly $16 million in connection with its NU7 network upgrade, a step tied to the protocol's shift toward a new shielded pool. The BCH decline matters because it marks a fresh multi-month low for a major proof-of-work altcoin, signaling continued risk aversion across the altcoin market. Traders will watch whether BCH can hold the $260 area and how quickly Zcash's NU7 transition settles, with the frozen funds and any further altcoin weakness as the key near-term signals.
Muhabbit's AI wrote this summary in its own words from Journal du Coin's report and translated it from French. It can get details wrong, so check the source.
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