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.
The Pound Sterling recovers on Friday, up by 0.60% as the Greenback makes a U-turn erasing Thursday’s losses amid a risk-on mood. At the time of writing, the GBP/USD trades at 1.3604 yet poised to finish the week with a 0.56% loss.
The Pound Sterling (GBP) regains ground against its major currency peers on Friday after a sharp fall the previous day, which was driven by the Bank of England’s (BoE) signal that there is a high chance of an interest-rate cut in the near term.