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Zcash price drops over 10% amid profit-taking, network confusion, and market weakness.

Market News
04 Jun 2026
CryptoTicker
View Source
Bearish
pluang ai news

Zcash (ZEC) price fell more than 10% within 24 hours following a strong rally that made it vulnerable to profit-taking and market-wide weakness. The drop was intensified by confusion over network issues and an emergency bug fix related to the Orchard privacy pool, which sparked fear despite no funds being lost. Key support levels to watch are $520–$540, with a break below $500 potentially triggering further selling. The crash reflects a mix of profit-taking, technical corrections, and short-term panic in a volatile crypto market.

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