Zcash price rebounds above $1,100 as ETF withdrawals shadow recovery

Zcash price has recovered above $1,100 after falling below that level during the past 24 hours, while remaining well below September’s trading levels. Zcash recovered above $1,100 after a daily low near $1,050, gaining 3.8% over 24 hours. CoinGlass recorded $2.29 billion in ZEC open interest and $13.55 million in daily liquidations. Shielded balances reached 4.96 million ZEC, up 1% over 28 days despite the price correction. Zakura proposed separate viewing keys for Zcash swaps to limit exposure to future quantum attacks. CoinGecko’s Oct. 19 snapshot put ZEC at $1,135.48, up 3.8% over 24 hours but down 10% over seven days. The privacy coin ranked tenth by market capitalization, with a valuation of $19.29 billion and daily spot trading volume of $1.005 billion.

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