Zcash Price Surges Past $1,000 as Grayscale Forecasts $8,100 ZEC Price Target Using a Bitcoin Model
Zcash Hits $1,000 as Short Sellers Lose $34 Million
Privacy coins surge 19%, igniting market momentum, as Bitcoin breaks through the $81,000 mark.
Privacy-focused assets led the rally in the cryptocurrency market, driving Bitcoin past the $81,000 threshold. Major cryptocurrencies posted broad gains, while total market liquidations exceeded $300 million. Traditional safe-haven assets and U.S. equity futures remained stable, signaling a significant improvement in market sentiment.
Bitcoin Clears $81,000 as Privacy Coins Lead a Broad Crypto Rally
BTC pushed through the level that capped it in late August, while zcash gained 16% and dash 19%.
Bitcoin Back Above $81,000 as Hike Odds Fade, Zcash Leads With 15% Jump
Every major token gained on Friday as traders cut bets on a September Federal Reserve rate increase to a coin flip, though most of the majors are barely changed on the week.
Zcash Up 2,000% in 1 Year as Trader Puts 'Majority of Net Worth' in ZEC
Zcash (CRYPTO: ZEC) could emerge as one of crypto's biggest outperformers this cycle as an asymmetric bet on rising demand for financial privacy, according to widely-followed analyst Taiki Maeda.Why