Zcash Price Spike Fuels Massive Mining Profits and Hashrate Boom

Crypto Insight Summary: According to the latest market metrics, the privacy coin zcash (ZEC) witnessed its price tap an intraday high of $979 per coin on Thursday afternoon, around 3:30 p.m. Eastern time. At the same time, the Zcash network’s hashrate continues to operate at peak highs, as mining profitability takes the top spot in terms of today’s […] Crypto Insight Analysis: Direction: Bullish ZEC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Price spike and mining profitability boost are short-term catalysts.