Zcash hits highest price since 2016 as market cap tops $20B

Crypto Insight Summary: ZEC gained 45% over the past week, extending its rally since Grayscale converted its Zcash Trust into an ETF that began trading Aug. 25. Crypto Insight Analysis: Direction: Bullish ZEC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Grayscale ETF conversion catalyzed short-term momentum.