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Zcash Price Slides 23% as Grayscale ETF Hits Reverse

News.Bitcoin.com
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Zcash Price Slides 23% as Grayscale ETF Hits Reverse

ZEC’s price has taken a beating after September’s blistering run, tumbling roughly 23% from its Sept. 27 peak of $1,697. The zcash market decline arrived alongside a sharp reversal in Grayscale’s zcash ETF, where aroud $93 million exited during its first negative week. Futures leverage has also been wrung out, leaving ZEC near $1,335 and […]

Key Takeaways

  1. ZEC’s price has taken a beating after September’s blistering run, tumbling roughly 23% from its Sept.
  2. The zcash market decline arrived alongside a sharp reversal in Grayscale’s zcash ETF, where aroud $93 million exited during its first negative week.
  3. Futures leverage has also been wrung out, leaving ZEC near $1,335 and […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.