Zcash Dives 16%, Falling Harder Than Bitcoin Amid Market Sell-Off

Crypto Insight Summary: Zcash dropped to $1,115 Thursday, wiping out all price gains accumulated since Sept. 16 and driving $38 million in leveraged long liquidations. Sharp Sell-Off Ends Weeks of Gains Privacy coin zcash (ZEC) dropped below $1,200 for the first time in weeks Thursday as the previously top-performing cryptocurrency surrendered all gains made since Sept. 16. Market […] Crypto Insight Analysis: Direction: Bearish ZEC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Sharp sell-off in ZEC due to market-wide liquidation pressure.