BUSINESSCOINDESK
Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz
Zcash surged by 48%, achieving a price over $800 per unit. This sharp increase was fueled by developments surrounding the Grayscale spot ETF push, contributing to widespread industry buzz regarding potential successors to Bitcoin.
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Adjacent reporting
- Zcash bets turn into second-largest liquidations behind bitcoin as ZEC rockets 30%
- Bitcoin moves above $82,000 while ZEC and DASH post double-digit rallies
- Bitcoin ETFs add nearly $1B as BTC surges past $80K in multi-day rally
- Zcash price may hit $800 as $2.7B hedge fund reveals ‘significant position’ in ZEC
- Bitcoin in ‘disbelief rally’ as traders spot $84K BTC price target
- Zcash ETF volume doubles as ZEC’s shielded supply hits record highs