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Zcash Surges Past $526 as Institutional Accumulation Fuels Privacy Coin Renaissance
Zcash ZEC/USD is trading for more than $526 right now, which is almost 4% more than it was 24 hours ago. This steady rise comes after a huge spike that saw the privacy-focused cryptocurrency rise more than 1,200% in 90 days, momentarily going above $700 before settling into its current level. The asset’s capacity to stay above the $500 psychological level shows that there is considerable support behind it. This is especially true since ZEC recently showed extraordinary strength by increasing more than 20% amid a market dip when most altcoins were poor. The 30% drop from the local high in November looks like a ... (full story)