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Crypto market starts July strong with Bitcoin up 6.26%, but ZCash faces resistance near $500.

Market News
02 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

The crypto market began July positively, with Bitcoin rising 6.26% from its July 1 low and altcoins gaining 4.05% in market cap. Despite aggressive buying, Bitcoin's open interest fell, indicating limited momentum to sustain the rally. ZCash rose 5.28% but showed weak speculative interest and faces a critical resistance zone between $480 and $540. If ZCash fails to break this range and falls below $360-$380 support, further declines toward $300 could occur, especially if Bitcoin's bounce loses steam.

More News (ZEC)

Zcash aims for a comeback with Ironwood upgrade after a major security fix in June 2026

Zcash aims for a comeback with Ironwood upgrade after a major security fix in June 2026

Zcash faced a serious security vulnerability in its Orchard shielded pool, risking invalid transactions and inflation. An emergency upgrade (NU6.2) fixed the immediate issue in June 2026, restoring network stability. The upcoming Ironwood upgrade, pl...

Protocol Fundamentals
Neutral
1 day ago
Zcash hovers near $400 as whale traders open $8.1M long positions, signaling potential price rebound.

Zcash hovers near $400 as whale traders open $8.1M long positions, signaling potential price rebound.

Zcash (ZEC) has been fluctuating between $360 and $415, currently trading just below $400. Recently, a significant whale trader deposited $10 million into HyperLiquid and opened a $8.1 million 2x long position, showing renewed confidence despite rece...

Market News
Neutral
1 day ago
Zcash price stays under $400 amid security concerns and selling pressure since June crash.

Zcash price stays under $400 amid security concerns and selling pressure since June crash.

Zcash (ZEC) price remains below $400 following a sharp drop in early June caused by a security flaw in the Orchard protocol that raised double-spending fears. Despite a network upgrade and no funds lost, the incident triggered heavy selling and liqui...

Technical Signals
Neutral
1 day ago
Top 5 altcoins for July 2026 show strong catalysts despite Bitcoin's 20% drop.

Top 5 altcoins for July 2026 show strong catalysts despite Bitcoin's 20% drop.

Bitcoin fell about 20% in the past month, dragging most cryptocurrencies down. However, five top-50 altcoins—Solana, Hyperliquid, Zcash, Ondo, and TRON—enter July 2026 with significant catalysts like upgrades, forks, or launches that could boost thei...

Market News
Bullish
2 days ago
Ethereum sees $8M outflows as traders shift to USDT and fiat, signaling cautious crypto market sentiment.

Ethereum sees $8M outflows as traders shift to USDT and fiat, signaling cautious crypto market sentiment.

Ethereum experienced significant outflows totaling over $8 million, while capital moved into stablecoins like USDT and fiat currencies, reflecting a cautious stance among crypto traders. This rotation suggests a defensive market mood, with investors ...

Market News
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3 days ago
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