Zcash — 2026-10-08
$1,120.82Down -15.62%24h
Change since the previous record
Down $207.44 (15.62%)
- Previous record
- $1,328.26 · 2026-10-07 16:03 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 11.64% to $1,169.64) 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 11.64% to $1,169.64 in 24h, sharply underperforming a modestly weaker broader market, primarily driven by sustained outflows from its spot ETF.
- Primary reason: Persistent redemptions from Grayscale's Zcash ETF (ZCSH), which recorded about $8.49 million in outflows in the past 24 hours, adding sell pressure.
- Secondary reasons: Technical breakdown below key support levels and a broader risk-off tone in crypto markets.
- Near-term market outlook: If ZEC fails to reclaim the $1,292–$1,366 (61.8%–50% Fibonacci) resistance zone, a test of the next major support near $1,050 is likely. A break below that level would signal a deeper correction.
Evidence
CoinMarketCap price-analysis page data: US$1,120.82, -15.62% (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.