Zcash (ZEC) Rises to a 9-Day High as Whales Bet on Further Gains: Details
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The cryptocurrency market has staged an evident resurgence over the past 24 hours, with Zcash (ZEC) once again among the top performers. Many analysts believe this marks the start of a major new rally, while some whales opened long positions worth millions of dollars. Explosion to $2,000 Comes Next? As of this writing, ZEC is worth just over $1,330 (per CoinGecko), up 13% for the day. By comparison, Bitcoin (BTC) has rebounded by 3%, while Ethereum (ETH) has risen by 4% within the same period. The privacy coin’s market capitalization stands at over $22 billion, solidifying its spot among the 10 biggest cryptocurrencies and widening the gap with Hyperliquid (HYPE), which ranks 11th.
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