Zcash Falls Below $1,000 For First Time Since September

Zcash dropped 18 percent today to near $977 its lowest since September 4 and fell out of the top 10 coins by market cap

The drop came a day after Grayscale pledged $1 million to support the Zcash ecosystem

ZEC futures saw $40 million in liquidations in 24 hours with most of them longs and Grayscale fund outflows passed $15 million in November

Risk is high ZEC is down 41 percent from its September peak of $1,653 and $1,000 is now the level to reclaim
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