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Zcash falls below $1,000 amid broad privacy coin sell-off, hitting a two-month low.

Market News
11 Nov 2026, 14:46 WIB
Tokenpost
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Bearish
Zcash falls below $1,000 amid broad privacy coin sell-off, hitting a two-month low.

Zcash (ZEC) dropped below $1,000 for the first time since September, reaching $962.85 amid a wider decline in privacy coins. The coin fell 13.5% in 24 hours and 24.5% over the past week, marking the steepest 24-hour drop among the top 100 cryptocurrencies. The overall privacy coin market value also declined about 7% in one day. Despite the drop, Zcash remains the largest privacy coin by market value, representing about 60% of the $28 billion category. Grayscale recently pledged $1 million to support nonprofits and projects on the Zcash network, which focuses on shielded payments that protect transaction privacy.

Zcash's market cap stands at Rp7,04 trillion with a circulating supply of 16.3 million ZEC, representing 78% of the total supply. On Pluang, ZEC is trading at Rp17.658.887, down 15.53% as of Nov 11, 2026 20:01 WIB, with a 24-hour trading volume of Rp787,62 million. The platform shows a 100% sell order activity and a typical hold time of 108 days, indicating strong selling pressure among investors.

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