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Zcash price drops near $500 amid market selloff and Ironwood upgrade caution.

Market News
24 Jul 2026
Crypto news
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Bearish
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Zcash (ZEC) price fell toward the $500 support level after dropping below $520, triggering over $2 million in long liquidations. Market sentiment weakened due to a broader technology selloff, rising U.S. Treasury yields, and concerns ahead of the Ironwood upgrade scheduled for July 28. Bulls need to reclaim $530 to stabilize the price, while a daily close below $477 could lead to further declines toward $466 and $371. The upgrade may cause temporary disruptions, adding to short-term uncertainty for traders.

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