Zcash Hits $1,000: Short Squeeze, ETF Catalyst Explained
5 Articles
5 Articles
Zcash Hits $1,000: Short Squeeze, ETF Catalyst Explained
Zcash just broke $1,000 for the first time in nearly a decade after a short squeeze wiped out $34 million in bearish bets. You're watching a privacy coin stage one of crypto's most dramatic comebacks — fueled by a Grayscale ETF, a former exchange exec's public meltdown, and Wall Street money flowing into a technology designed to hide from it.
Zcash Price Prediction: ZEC Risks 12% Drop to $1,000
Zcash (ZEC), the privacy-focused cryptocurrency, has recorded one of its most bullish moments in nearly a decade, with the asset trading above $1,256 on Binance as its broader market capitalization peaked at $21.11 billion, according to TradingView CryptoCap data. The surge has placed ZEC among the best-performing assets in the market. CoinMarketCap ranks it as the fifth-best-performing cryptocurrency among the top 100 assets over the past three…
Zcash Breaks $1200 as Grayscale's New ETF Pulls in Fresh Money...
Zcash just crossed one of those price levels that forces everyone to reopen a chart they had not looked at in years. ZEC traded above $1,000 on Friday, reaching roughly $1200 at time of publishing and pushing its market capitalization toward $17 billion. The privacy-focused cryptocurrency gained about 94% over the past month and has climbed from roughly $200 in March. The move was not driven by one clean catalyst. ETF demand, a surge in mining a…
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