ZEC Dips Below $1,100 as Market Selloff Triggers Altcoin Pullback

Crypto Insight Summary: Privacy coin Zcash (ZEC) fell below $1,100, dropping over 10% to a $18.5 billion market cap following a broader market pullback. Privacy coin Zcash (ZEC) tumbled Friday, briefly dipping below $1,100 amid a cryptocurrency market downturn initially sparked by the release of hotter-than-expected U.S. producer price index data. Market data show ZEC, which peaked at […] Crypto Insight Analysis: Direction: Bearish ZEC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ZEC's decline is part of broader market selloff due to macroeconomic data.