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Zcash Price Falls 7.89% in 30 Minutes, Reaching $1,092.19

The 24-hour decline stood at 10.74%, with trading volume of about $195.9 million over that period.

Zcash (ZEC) fell 7.89% in 30 minutes to $1,092.19 at 10:42 a.m. ET (15:42 UTC) Nov. 10, while its 24-hour decline stood at 10.74%.

ZEC fell from $1,185.73 to $1,092.19 during the half-hour window. Trading volume over the preceding 24 hours was about $195.9 million, and the asset's high for that period was $1,196.49. The figures place the sharp interval drop within a broader daily decline. ZEC was down 10.74% across the full 24-hour period measured at the same snapshot.

The broader cryptocurrency market showed mixed signals at the time. No specific catalyst was confirmed for ZEC's fall. Market levels traders were monitoring were around $1,090 as support and $1,200 as resistance. At the snapshot, ZEC was just above that support area and below resistance. The 24-hour volume figure showed about $195.9 million in trading during the period around the drop.

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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