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 experienced a sharp decline on Friday, dipping to support around the $190 mark.
- The broader crypto market retracement saw total market liquidations surpass $1 billion.
- ZEC, one of the outperformers in recent weeks, fell below the key support level of $200.
The daily trading volume for the privacy-focused coin has jumped 26% to over $742 million, while the price has fallen nearly 20% in the same time frame.
Author's summary: Zcash price drops to $190 amid crypto pullback.
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