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.
Two large cryptocurrency wallets opened leveraged long positions totaling 29,798 Zcash (ZEC), creating about $37.57 million in market exposure. These positions were opened over a 15-hour period ending early on October 21, with both wallets betting on...
Zcash (ZEC) surged about 6% on October 21 after a sharp October selloff, recovering from near $1,040 to around $1,260-$1,285. This rebound occurred despite $115.5 million in reported redemptions from the Zcash ETF during October, indicating uneven bu...
On October 20, U.S. spot ETFs linked to Zcash (ZEC) attracted $1.6074 million in net inflows, while NEAR Protocol (NEAR) ETFs experienced $2.5389 million in net outflows, reversing the flow directions seen on October 19. The Zcash inflows were driven...
In the past week, the World (WLD) token showed the strongest recovery among ranked cryptocurrencies, rebounding 28% from its low. Other notable weekly gainers included Pump.fun and Injective, each recovering around 24-25%. Conversely, StarkNet experi...
Zcash (ZEC) saw its price rise by 12.77% over 24 hours, reaching $1,290 on October 20. The increase included a 3.95% gain in just four hours. During this period, short positions worth $780,000 were liquidated across Binance, Bybit, and OKX, while no ...
