Zcash (ZEC) dropped more than 10% to below $1,100 following hotter-than-expected US inflation data that sparked a broad crypto market selloff. The altcoin's market cap fell from over $20 billion to $18.5 billion, though it remains the 10th-largest digital asset. Other major altcoins like XRP and SOL also declined, dragging the total altcoin market cap down to $1.17 trillion. Analysts warn that high leverage in altcoins could lead to sharp liquidations if Bitcoin breaks its current trading range, signaling potential further volatility ahead.
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. ...
Bitcoin briefly dropped to $80,850 before recovering close to $84,000, amid sharp market volatility that pushed daily liquidations above $800 million. The cryptocurrency's market cap stands at $1.67 trillion with dominance rising to 59.7%. Other majo...
A large crypto investor increased long positions by about $10.62 million on Bitcoin, HYPE, and ZEC, bringing total long holdings to over $60.95 million. The account bought 96 BTC, 17,283 HYPE, and 1,215 ZEC at average prices of $81,597, $80.59, and $...
On October 12, U.S. spot exchange-traded funds (ETFs) tracking NEAR attracted $3.98 million in net inflows, led solely by the Bitwise NEAR ETF, which now holds $81.67 million in net assets. Meanwhile, Solana ETFs experienced combined net outflows of ...
Zcash (ZEC) experienced a 2.79% price increase within one hour, rising from $1,143 to $1,175 on Binance's ZEC/USDT spot market. This uptick occurred despite the token being down 7.69% over the previous 24 hours. During the same hour, liquidations on ...
