ZEC Falls 5.7% to $1,173 as NU7 Upgrade Tension and Mixed ETF Flows Weigh
- —ZEC traded in a $1,133–1,247 range with a $19.9 billion market cap
- —Fortitude Mining sold 5,790 borrowed ZEC for $8.3 million on October 10
- —NU7 would cut block spacing from 75 to 25 seconds under ZIP 218
- —NU7 testnet review is due October 20, with activation possible in November
Why it matters: The NU7 upgrade and new ETF launches will determine whether ZEC holds its 500% yearly gain.
Source: The Crypto Times