ZEC rises 11% to $1,250 despite selloff after CLARITY Act failure
- —ZEC trades around $1,250, market capitalization — $21 billion
- —ZEC futures volume over 24 hours — $7.7 billion, open interest — $2.61 billion
- —$18.07 million in ZEC futures positions liquidated over 24 hours
- —99.9% of the 2.4 million participating ZEC supported 25-second blocks in NU7
Why it matters: ZEC is rising against the market on the back of NU7 approval, reinforcing its status as the leading privacy coin, but a 0.84% weekly decline points to high volatility.
Source: U.Today