Zcash (ZEC) extends recovery above $240 at the time of writing on Friday, as the broader crypto market sees relief rallies after this week’s turbulence. The privacy-oriented token is up over 31% from its intraday low at $185.
Consumer confidence in the US improved slightly in February, with the University of Michigan's Consumer Sentiment Index rising to 57.3 from 56.4 in January. This print came in better than the market expectation of 55.
Silver has experienced a sharp decline, entering a critical USD 70–80 retracement zone. OCBC Group Research analysts Sim Moh Siong and Christopher Wong note that despite this correction, silver remains sensitive to USD movements and policy uncertainties.