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Zcash surged past $1,000 to an all-time high, gaining approximately 20% in 24 hours. Its market capitalization reached $17 billion, placing it among the top ten cryptocurrencies, leading to over $34.5 million in short liquidations.
Zcash broke above $1,000 on Friday, hitting a new all-time high of $1,029 during intraday trading, up approximately 20% in the past 24 hours. Its market capitalization climbed to nearly $17 billion, surpassing Dogecoin to enter the top ten cryptocurrencies. This price surge led to the forced liquidation of approximately $34.5 million in Zcash short positions, with total liquidations reaching $36.6 million.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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