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Zcash — 2026-09-16

$1,259.16Up +11.29%24h

Change since the previous record

Up $125.50 (11.07%)

Previous record
$1,133.66 · 2026-09-15 14:07 UTC

View the previous record. Based on the two recorded prices; separate from the 24h change.

Research details
Confidence
MEDIUM
Status
CHANGED
Previous record source
CoinMarketCap AI (page-embedded data, automated collector)

Collector note

The commentary below quotes different figures (down 1.82% to $1,125.59) from the recorded price above.

CoinMarketCap AI commentary

Retained for audit context; its figures conflict with the recorded price above and it is not independently verified.

Zcash is down 1.82% to $1,125.59 in 24h, closely tracking a broader market decline primarily driven by macro uncertainty ahead of a key Federal Reserve decision. The move reflects a risk-off sentiment impacting Bitcoin and major altcoins alike.

  1. Primary reason: Macro-driven market pullback, as ZEC moved in lockstep with Bitcoin's 2.32% drop amid fears of a Fed rate hike and regulatory uncertainty.
  2. Secondary reasons: Persistent high short interest and a technical rejection from key resistance near $1,200, coupled with a 26.6% drop in trading volume.
  3. Near-term market outlook: If ZEC holds above the $1,077–$1,109 support zone, it could consolidate; a break below risks a test of $1,020. The immediate catalyst is the Fed's rate decision on September 16.

Evidence

CoinMarketCap price-analysis page data: US$1,259.16, +11.29% (24h). Analysis title: "Latest Zcash (ZEC) Price Analysis".

Verification notes

Price and 24h change were read directly from CoinMarketCap's own page data (not cross-checked against an independent feed). CMC AI's analysis text is attributed commentary, not independently verified fact; catalyst/causal claims within it require separate confirmation before being treated as fact.

Why it matters

Tracks Zcash's latest price move and CoinMarketCap AI's own stated reasoning, without independent cross-verification against a second price feed.