Zcash plunges 9.51% as top 50 median decline stays at 0.03%

  • Zcash fell 9.51% to $1,399.59 on 29 September.
  • $1.70 billion in turnover compared with a 30-day median of $1.37 billion.
  • Zcash remained 67.46% higher than its $835.75 price on 30 August.

Zcash fell 9.51% to $1,399.59 at 06:26 UTC on 29 September, the steepest decline among the top 10 assets and roughly seven times the 0.03% median drop across the top 50. Thirty-eight of the 50 assets closed lower, while Bitcoin fell 0.86% and Ether gained 1.67%. Zcash turnover reached $1.70 billion, compared with a 30-day median of $1.37 billion, a 1.24 multiple that indicated no matching surge in participation. The token remained up 67.46% over 30 sessions from $835.75 on 30 August. Its seven-day performance was a 5.15% decline, while its 90-day high of $1,683.55 was set on 26 September. With a market capitalisation of $23.64 billion, Zcash stood at 78.1% of the way up a range running from $389.62 on 1 July to that high. No announcement accompanied the move.

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