Zcash Price Drops Amid Crypto Pullback
Zcash price has dropped sharply to below $200, diving by nearly 20% amid a broader crypto pullback.
The price of Zcash (ZEC) tumbled to lows of $190, with its double-digit declines reflecting widespread market unease triggered by macroeconomic pressures.
- Zcash, a privacy-focused cryptocurrency launched in 2016, experienced a sharp decline on Friday.
- The token dipped to support around the $190 mark as a broader crypto market retracement ensued.
- Total market liquidations surpassed $1 billion.
According to CoinMarketCap, the daily trading volume for ZEC has jumped 26% to over $742 million, while the price has fallen nearly 20% in the same time frame.
No specific quote available.
Author's summary: Zcash price drops to $190.
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