CoinDesk

Zcash jumps 20% to landmark $1,000 level as short sellers lose $34 million

Zcash jumps 20% to landmark $1,000 level as short sellers lose $34 millionWorldPing

ZEC briefly traded above $1,020 as a sharp rally forced traders betting against the token out of leveraged positions.

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

More coverage: all crypto & markets news on WorldPing.

Related news

Zcash Price Spike Fuels Massive Mining Profits and Hashrate BoomWorldPing
Bitcoin.com

Zcash Price Spike Fuels Massive Mining Profits and Hashrate Boom

According to the latest market metrics, the privacy coin zcash (ZEC) witnessed its price tap an intraday high of $979 per coin on Thursday afternoon, around 3:30 p.m. Eastern time.

Brief by WorldPing · Original reporting by Bitcoin.com