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Zcash price plunges 16% in two hours amid market-wide weakness and leveraged position liquidations

Market News
10 Nov 2026, 19:29 WIB
CryptoTicker
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Bearish
Zcash price plunges 16% in two hours amid market-wide weakness and leveraged position liquidations

On November 10, 2026, Zcash (ZEC) experienced a sharp 16% price drop within two hours, falling from about $1,197 to just over $1,000. This decline was driven by a weak overall crypto market and forced liquidations of leveraged long positions, rather than any specific negative news about Zcash. The event highlights the risks of high leverage in volatile markets. Looking ahead, EU regulations banning anonymity-enhancing coins like Zcash on regulated platforms from July 2027 may impact trading options for investors in the region.

Zcash is trading at Rp18.648.384 on Pluang as of Nov 11, 2026 00:41 WIB, showing a decline of 11.92% in the past day. The market cap stands at Rp7,04 trillion with a 24-hour trading volume of Rp787,62 million. Pluang order activity is currently 100% sell, reflecting cautious sentiment among traders following recent volatility.

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