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Zcash Gains 2.2% in One Hour, Reaching $1,343 in Trading

ZEC was down 0.53% over 24 hours as short liquidations reached $260,000 across major exchanges.

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Gold cryptocurrency coin beside an upward-angled price marker / TokenPost.ai
Gold cryptocurrency coin beside an upward-angled price marker / TokenPost.ai

Zcash (ZEC) rose 2.20% in one hour to $1,343 by 3:26 p.m. ET (19:26 UTC) Oct. 7, based on exchange prices collected directly. The move took ZEC from $1,314 to $1,343 on Binance’s spot ZEC/USDT market.

Despite the hourly gain, ZEC was down 0.53% over the previous 24 hours. Short liquidations totaled $260,000 across Binance, Bybit and OKX during the same one-hour period, while long liquidations totaled $0.

Zcash ranked 10th by market capitalization at approximately $22.47608 billion when the price was recorded.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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