Zcash Sinks 10.5% on the Day and Trades Below $1,100

Zcash (ZEC) traded below $1,100 as its daily decline reached 10.5%, the largest loss among the four crypto assets in the comparison and a sharper drop than Monero (XMR).

XMR fell 9.2% over the same daily period, putting its decline 1.3 percentage points behind ZEC’s. Bitcoin (BTC) and Ether (ETH) also moved lower, but each posted a smaller loss than the two privacy-focused assets. The declines extended beyond ZEC, though ZEC and XMR had the steepest percentage losses among the four. Those percentages describe daily changes in value, rather than differences between the tokens’ dollar prices.

ZEC traded above $1,600 in late September. Its move below $1,100 put it about 31.5% beneath that earlier level. The September comparison spans several weeks, while the 10.5% figure measures the latest daily decline. Together, they show that the day’s slide added to a longer retreat from the late-September level.