Zcash jumps 12% to $1,300 ahead of Fed decision
- —ZEC gained 10–12% in an hour and 25% in a day, topping $1,300
- —Grayscale ZCSH spot ETF attracted over $463 million since its August 25 launch
- —NU7 upgrade backed by 99.9% of votes: block times to shrink from 75 to 25 seconds
- —More than $45 million in ZEC shorts liquidated in a single session
Why it matters: The privacy coin's rally against a weak market shows institutional demand for ZEC and could boost interest in privacy assets.
Source: Crypto Briefing