The negotiation over ETF holdings attracts institutional attention, with $ZEC surging 9.2% intraday!
As a long-established privacy blockchain, Zcash has once again entered the public spotlight due to renewed rumors about institutional allocation. This price spike also reflects that, in the current market environment, capital’s attention to potential narratives around low-market-cap older coins is increasing. Even if they were once the blue-chip leaders in a once-popular sector, as long as there is a new capital story, it can easily trigger a short-term rush of funds.
The privacy sector has been quiet for a long time. Will ZEC’s rise also cause a mild fluctuation across the whole sector? It’s worth monitoring going forward.
#Zcash #加密货币 #Bitcoin bull market
As a long-established privacy blockchain, Zcash has once again entered the public spotlight due to renewed rumors about institutional allocation. This price spike also reflects that, in the current market environment, capital’s attention to potential narratives around low-market-cap older coins is increasing. Even if they were once the blue-chip leaders in a once-popular sector, as long as there is a new capital story, it can easily trigger a short-term rush of funds.
The privacy sector has been quiet for a long time. Will ZEC’s rise also cause a mild fluctuation across the whole sector? It’s worth monitoring going forward.
#Zcash #加密货币 #Bitcoin bull market