Zcash crosses $700 as an ETF push stacks onto the market rally
@Z Cash pushed past $700 today, reclaiming the zone that capped its November rally, up 21.5% on the day and 42.7% over the week, with volume more than doubling to $1.44B. $ZEC ranks #11 by market cap at $11.79B.
The move followed @Grayscale's latest amendment to convert its Zcash Trust into a spot ETF under the ZCSH ticker, while a DCG subsidiary is reportedly weighing a purchase of roughly 200,000 ZEC, worth around $110M.
#CryptoNews
@Z Cash pushed past $700 today, reclaiming the zone that capped its November rally, up 21.5% on the day and 42.7% over the week, with volume more than doubling to $1.44B. $ZEC ranks #11 by market cap at $11.79B.
The move followed @Grayscale's latest amendment to convert its Zcash Trust into a spot ETF under the ZCSH ticker, while a DCG subsidiary is reportedly weighing a purchase of roughly 200,000 ZEC, worth around $110M.
#CryptoNews