Markets· ★★★· bullish·

Zcash Co-Founder Predicts $5,000 ZEC Amid Historic Europe ETP Launch

  • —ZEC trades near $1,549 after Ben-Sasson's $1,200 call for September 25 proved correct
  • —21Shares launched Europe's first exchange-traded product on Zcash
  • —Grayscale's ZCSH ETF surpassed $915 million in assets one month after launch
  • —ZEC has outperformed BTC 14x since Bitcoin's all-time high; weekly RSI at 77.14
Why it matters: Institutional demand for privacy assets is rising, but ZEC's overbought RSI raises the risk of a near-term pullback.
#ZEC#BTC
Source: Coinpedia
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