Cautious sentiment spreads in the market: Meme coins and DeFi sector lead the decline, ZEC drops over 15%

According to Odaily, as Wall Street becomes cautious ahead of Friday's employment data and the Supreme Court's ruling on tariffs, assets that have recently performed well such as Meme coins have suffered greater losses than major cryptocurrencies. The sentiment in the crypto market has turned pessimistic, with ETH, SOL, and DOGE falling between 2% and 6%, while POL, CC, and WLFI dropped more than 2%, and ZEC plunged over 15%. Bitcoin fell below $90,000 during the Asian trading session, continuing its pullback from around $93,600, with a recent decline of nearly 2%. The short-term support level is near $89,200, which is the 50-day simple moving average. (CoinDesk)