$ZEC falls below $1,000, down around 13% in 24 hours
Zcash ($ZEC) fell below the $1,000 mark today (11/11).
Key points:
• According to Binance data at around 15:00 Vietnam time, ZEC/USDT was down about 13.2% over 24 hours, trading between 966 and 1,200 USDT, and was hovering around 1,000 USDT after a rebound
• TechFlow (HTX data) and TokenPost (OKX data) also reported that ZEC had fallen below $1,000, down 14–15% over 24 hours
• Seeking Alpha said this was the lowest price since early September and about 41% below its 2026 high of $1,695 on 26/9
Background:
• According to FXStreet, this was the fifth consecutive day of declines
• October U.S. CPI came in higher than forecast, and the possibility of a Fed rate hike is putting pressure on risk assets, overshadowing even the Zcash advertising campaign Grayscale recently ran in The Wall Street Journal
Sources: Binance data, TechFlow, TokenPost, FXStreet, Seeking Alpha
This describes price movements and is not investment advice.
#ZEC #Zcash
Zcash ($ZEC) fell below the $1,000 mark today (11/11).
Key points:
• According to Binance data at around 15:00 Vietnam time, ZEC/USDT was down about 13.2% over 24 hours, trading between 966 and 1,200 USDT, and was hovering around 1,000 USDT after a rebound
• TechFlow (HTX data) and TokenPost (OKX data) also reported that ZEC had fallen below $1,000, down 14–15% over 24 hours
• Seeking Alpha said this was the lowest price since early September and about 41% below its 2026 high of $1,695 on 26/9
Background:
• According to FXStreet, this was the fifth consecutive day of declines
• October U.S. CPI came in higher than forecast, and the possibility of a Fed rate hike is putting pressure on risk assets, overshadowing even the Zcash advertising campaign Grayscale recently ran in The Wall Street Journal
Sources: Binance data, TechFlow, TokenPost, FXStreet, Seeking Alpha
This describes price movements and is not investment advice.
#ZEC #Zcash