Zcash fell about 6.6% to roughly $1,329 on Oct. 1, 2026, extending its weekly decline to 8% after a 1,077% 12-month gain and a rally from approximately $480 to recent highs reported between $1,600 and $1,698. Wallets linked to hackers associated with the $387.5 million Bitget theft transferred about 2,746 ZEC, worth roughly $3.9 million, into Zcash’s Ironwood shielded pool on Sept. 30, increasing concern that regulatory action could become a larger risk than ordinary profit-taking. ZEC recovered to $1,382 on Oct. 2. Technical indicators remained broadly supportive, with a daily RSI of 50.2 and the 50-day exponential moving average above the 200-day average, while Grayscale’s Zcash ETF had raised $306 million since August but recorded $30.25 million in net outflows on Sept. 30. A close below $1,233, or below $1,329 on a weekly basis, could extend the correction, while a move above $1,410.72 could restore bullish momentum.