1 min read
Add as a preferred source on Google

Zcash Climbs 4.03% in Four Hours to $1,168 Despite Daily Loss

Zcash was down 12.10% over 24 hours, while short liquidations reached $670,000 in the same one-hour period.

Mentioned assets
Gold cryptocurrency coin beside an angled market marker / TokenPost.ai
Gold cryptocurrency coin beside an angled market marker / TokenPost.ai

Zcash (ZEC) rose 4.03% in four hours to $1,168 at 3:58 p.m. ET (19:58 UTC) on Oct. 8 in a spot-market calculation using the Binance ZEC/USDT trading pair.

The token was trading at $1,123 four hours earlier. Despite the short-term gain, ZEC remained down 12.10% over the previous 24 hours.

Zcash ranked 10th by market capitalization at about $19.46385 billion. During the same one-hour period, short liquidations totaled $670,000 across Binance, Bybit and OKX, compared with $20,000 in long liquidations.

Enna Lee

Reporter

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

Loading…