Zcash’s price retreat to near $615 marks a sharp turnaround from its prior rally, underlining ongoing volatility in the privacy-focused cryptocurrency market.
Zcash (ZEC) fell 9.3% over the past 24 hours on November 21, briefly touching below $600 before trading at $615, according to HTX market data. This drop follows its recent November 20 peak above $700 and a close at $694.2, which capped a strong rebound from its November 18 low of $545. The latest move highlights continued sharp fluctuations in the privacy-focused cryptocurrency’s price.