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

Bearish+22.98%
26 May, 04:57
Source: CoinDesk

AI Summary

Privacy tokens ZEC and XMR dropped 5% amid broader crypto market pullback triggered by Middle East tensions and rising oil prices, while HYPE briefly surpassed Dogecoin in market attention.

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.