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Zcash falls 8.5% amid leveraged liquidations ahead of NU7 upgrade launch

Market News
13 Oct 2026
Coinpaper
View Source
Bearish
Zcash falls 8.5% amid leveraged liquidations ahead of NU7 upgrade launch

Zcash (ZEC) dropped 8.5% on October 12, falling about 26% below its September peak of $1,653. The decline was driven by leveraged liquidations and broader crypto market weakness as investors reduced risk exposure before upcoming U.S. inflation data. ZEC briefly tested support near $1,100, with the next key levels at $1,000 and $1,300. The price correction comes ahead of Zcash's NU7 upgrade, expected to launch in early November, which aims to improve network speed and sustainability and could act as a future catalyst for price recovery.

Zcash's market cap on Pluang stands at Rp7.04 trillion as of October 13, 2026, 20:24 WIB, with a 24-hour trading volume of Rp787.62 million. The coin is currently priced at Rp21,427,195, down 6.63% in the past day, reflecting ongoing volatility. Typical holding time on Pluang is 107 days, indicating moderate investor commitment despite recent price drops.

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