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Zcash Hits Highest Price in Nearly a Decade, Crushing Short Bets

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Zcash Hits Highest Price in Nearly a Decade, Crushing Short Bets

The privacy coin's squeeze rode a Fed-driven crypto rally that reversed hours later, when a stronger-than-expected jobs report sent Bitcoin back under $80,000.

Key Takeaways

  1. The privacy coin's squeeze rode a Fed-driven crypto rally that reversed hours later, when a stronger-than-expected jobs report sent Bitcoin back under $80,000.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.