Zcash rebounds above $1,100 after dipping to $1,050
- —ZEC gained 3.8% in 24 hours to $1,135, rebounding 8.1% from its daily low of $1,049.90
- —ZEC futures open interest reached $2.29 billion, with derivatives turnover 12.6 times spot volume
- —Shielded pools rose 1% over 28 days to 4.96 million ZEC, about 29.2% of supply
- —ZEC market cap is $19.29 billion on $1.005 billion in daily spot volume
Why it matters: The rebound shows privacy demand holding up despite ETF outflows and a broader price correction.
Source: crypto.news