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Zcash — 2026-09-29

$1,437.35Down -6.51%24h

Change since the previous record

Down $87.95 (5.77%)

Previous record
$1,525.30 · 2026-09-28 17:18 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 12.37% to $1,373.56) 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 12.37% to $1,373.56 in 24h, sharply underperforming a modestly lower broader market. The drop is primarily driven by a cascade of leveraged long liquidations, accelerating a technical breakdown after its massive September rally.

  1. Primary reason: A derivatives-driven selloff, with $10.08 million in long positions liquidated in a single hour, forcing rapid selling.
  2. Secondary reasons: Profit-taking after a parabolic rally and spillover from a risk-off macro environment.
  3. Near-term market outlook: If ZEC holds above the $1,373 swing low, a consolidation toward $1,490 is possible; a break below risks a deeper drop toward $1,200. Watch for stabilization in Bitcoin and the Grayscale Zcash ETF's split-adjusted trading beginning September 30.

Evidence

CoinMarketCap price-analysis page data: US$1,437.35, -6.51% (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.