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What triggered Zcash latest price surge

From tradersunion.com

Zcash has seen renewed attention due to its privacy features and zero-knowledge technology, enabling both transparent and fully private transactions. Regulatory pressures have resulted in some exchanges limiting or delisting the asset, while large holders have reduced their stakes, adding to volatility. Despite these developments, Zcash maintains legal standing in most regions, with continued support near the $230 level amid ongoing protocol upgrade discussions and rising trading volumes. Anton Kharitonov, expert at Traders Union, views the technical picture for Zcash as clearly unfavorable. He notes price action ... (full story)

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  • Category: Fundamental Analysis