Zcash — 2026-10-07
$1,328.26Down -2.21%24h
Change since the previous record
Down $49.09 (3.56%)
- Previous record
- $1,377.35 · 2026-10-06 15:39 UTC
View the previous record. Based on the two recorded prices; separate from the 24h change.
Market commentary
CoinMarketCap AI commentary (attributed, not independently verified)
Zcash is down 3.86% to $1,323.64 in 24h, closely tracking a broader market selloff primarily driven by macro pressure ahead of key Federal Reserve minutes. It shows a strong correlation (89%) with the S&P 500, indicating a rates-driven move.
- Primary reason: Beta-driven decline with Bitcoin amid macro uncertainty.
- Secondary reasons: Sector rotation away from altcoins and concerns over leveraged long liquidations.
- Near-term market outlook: If ZEC holds above the $1,292 swing low, it could rebound toward $1,346; a break below risks a drop toward the $1,100 liquidation zone noted by traders.
Research details
- Confidence
- MEDIUM
- Status
- CHANGED
- Previous record source
- CoinMarketCap AI (page-embedded data, automated collector)
Evidence
CoinMarketCap price-analysis page data: US$1,328.26, -2.21% (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.