Zcash (ZEC) Surges 109% as Correlation With Bitcoin Hits Record Low

Zcash (ZEC) has emerged as one of the top-performing cryptocurrencies, soaring 109% amid improving market conditions. The privacy-centric digital asset has shown a remarkable shift, decoupling from Bitcoin (BTC) and charting its own course in the crypto market.

Recent data shows Zcash’s correlation with Bitcoin has plunged to just 0.02 — signaling near-total independence from the dominant cryptocurrency. This rare divergence means ZEC’s price movements are now driven more by internal dynamics and investor sentiment than by Bitcoin’s usual influence. If this correlation were to turn negative, Zcash could begin moving inversely to Bitcoin, a potentially bullish indicator given BTC’s ongoing consolidation.

While the surge underscores strong momentum, traders should remain cautious. Zcash’s liquidation map reveals that a fall below its nearest support at $224 could trigger roughly $9 million in liquidations. Such a move may intensify short-term volatility, especially if leveraged positions are forced to close.

Currently, ZEC trades around $266, maintaining strength above $224 but facing resistance at $290. If bullish momentum persists, a breakout above $290 could open the path toward $338, confirming continued investor confidence and reinforcing ZEC’s independence from Bitcoin’s broader trends. However, profit-taking or shifts in market sentiment could quickly reverse gains, pushing the token back toward $176 and invalidating the bullish scenario.

Zcash’s recent price action positions it as a standout in a mixed crypto landscape, where privacy-focused assets are gaining renewed attention. With its decoupling from Bitcoin and strong investor momentum, ZEC’s next moves could define one of the most intriguing stories in the ongoing crypto recovery.