Zcash Price Hits 8-Year High Before Retreating Below $820

Zcash price hits 8-year high before retreating below $820

Zcash price surged more than 70% over the past week to an eight-year high near $885 before retreating below $820, as Grayscale’s ETF conversion plan and an NU7 governance vote drew traders toward ZEC. Zcash price pulls back after reaching…

Zcash pulls back from eight year high after Grayscale files for ETF

Zcash has made a retreat from an eight-year high on Monday, as it has shed part of the rally that saw the privacy coin go up by over 55% in days after Grayscale moved to convert its Zcash Trust into a US spot exchange-traded fund.  Zcash (ZEC) rose to over $880 on August 23 before easing. The figures it hit in the past few days are the strongest level it has attained since 2018. Before it started dropping, the gains it had made over the week wer…

ZCash cools after rallying to 8-year price record on ETF hype

Zcash has made a retreat from an eight-year high on Monday, as it has shed part of the rally that saw the privacy coin go up by over 55% in days after Grayscale moved to convert its Zcash Trust into a US spot exchange-traded fund. Zcash (ZEC) rose to over $880 on August 23 before easing. The...

Zcash (ZEC) Explodes to an 8-Year High, But an Analyst Warns of a Major Crash

ZEC is one of the best-performing top 100 cryptocurrencies over the past week, with its price surging by nearly 65%. And while many market observers believe the bulls aren’t done yet, one analyst warned that a violent move south could come next. Here’s why. ZEC is Not BTC The cryptocurrency market has enjoyed a sudden and evident resurgence over the last several days, following the monetary policy changes in the US announced by the Treasury Depa…