#ZECHitsANewAllTimeHigh
Zcash reaches its highest price in nearly a decade, crushing bearish bets.
The privacy-focused cryptocurrency’s rise came after a Federal Reserve-driven rally that reversed hours later when a better-than-expected jobs report sent Bitcoin back below $80,000.
On Friday, Zcash topped $1,000, its best price in nearly a decade, extending an uptrend that began near $500 a month ago.
The token hit an intraday high of $1,029 on Binance before easing back to $984, up about 20% in 24 hours, marking a new all-time high.
The privacy-focused cryptocurrency’s market cap approached $17 billion, enough for ZEC to overtake Dogecoin among the ten largest cryptocurrencies.
$ZEC
$DOT
Zcash reaches its highest price in nearly a decade, crushing bearish bets.
The privacy-focused cryptocurrency’s rise came after a Federal Reserve-driven rally that reversed hours later when a better-than-expected jobs report sent Bitcoin back below $80,000.
On Friday, Zcash topped $1,000, its best price in nearly a decade, extending an uptrend that began near $500 a month ago.
The token hit an intraday high of $1,029 on Binance before easing back to $984, up about 20% in 24 hours, marking a new all-time high.
The privacy-focused cryptocurrency’s market cap approached $17 billion, enough for ZEC to overtake Dogecoin among the ten largest cryptocurrencies.
$ZEC
$DOT
