Zcash Falls 2.63% in One Hour to $1,249 on Binance Spot Trading

Zcash (ZEC) fell 2.63% in an hour to $1,249 on Binance spot at 7:03 p.m. ET (23:03 UTC) Oct. 31, while ZEC remained up 0.29% over the 24-hour period.

The $1,249 figure was the Binance spot price for ZEC/USDT. One hour earlier, ZEC traded at $1,283, putting the latest price $34 below that reading. The 2.63% move covers only the hour before the 7:03 p.m. observation, while the 0.29% gain compares with the price 24 hours earlier.

The same-hour liquidation tally across Binance, Bybit and OKX was $570,000 in longs and $20,000 in shorts. Those figures cover the same one-hour period as the price move, rather than the full 24-hour comparison.

The market capitalization stood at approximately $21,641,830,000, placing Zcash 10th among crypto assets by that measure. The rank reflects market value, while the 2.63% figure measures a one-hour price change. The one-hour decline came as the asset's 24-hour return remained positive.