Zcash price rebounds above $1,100 as ETF withdrawals shadow recovery

1 week ago 18



Zcash price has recovered above $1,100 after falling below that level during the past 24 hours, while remaining well below September’s trading levels. Summary Zcash recovered above $1,100 after a daily low near $1,050, gaining 3.8% over 24 hours. CoinGlass recorded $2.29 billion in ZEC open interest and $13.55 million in daily liquidations. Shielded balances reached 4.96 million ZEC, up 1% over 28 days despite the price correction. Zakura proposed separate viewing keys for Zcash swaps to limit exposure to future quantum attacks. CoinGecko’s Oct. 19 snapshot put ZEC at $1,135.48, up 3.8% over 24 hours but down 10% over seven days. The privacy coin ranked tenth by market capitalization, with a valuation of $19.29 billion and daily spot trading volume of $1.005 billion. Zcash price recovers after trading below $1,100 The provider’s daily range stretched from $1,049.90 to $1,186.79. ZEC therefore recovered roughly 8.1% from the low, calculated from the quoted prices, although it remained below the top of that range. CoinGecko’s historical table records a $1,438.21 close on Sep. 30 and $1,301.16 on Oct. 2. Against the latest snapshot, those levels represent declines of approximately 21%...

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