Zcash (ZEC) fell 14.8% to around $981 on November 11, 2026, hitting its lowest level since early September. The decline is driven by persistent outflows from Grayscale's Zcash ETF (ZCSH), which saw $46.25 million withdrawn in October and over $15 million in early November. Despite Grayscale's $1 million grant pledge and a major advertising campaign, investor demand remains weak, adding selling pressure. The price drop is sharper than the broader crypto market, signaling specific challenges for Zcash ahead of the EU's 2027 anti-money laundering rules affecting privacy coins.
Zcash's recent price drop below $1,000 provides context for the broader cryptocurrency market. For readers following major cryptocurrencies on Pluang, as of Nov 11, 2026 16:21 WIB, 8 out of 50 priced assets rose while 41 fell. Notable movers include Harmony (ONE) down 13.24% at Rp29, Balancer (BAL) up 11.14% at Rp16.297, and Uniswap (UNI) down 9.22% at Rp115.428.
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