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Zcash Surges 70% in Seven Days as Demand For Crypto Privacy Accelerates
Privacy-focused cryptocurrency Zcash has spiked more than 70% over the past seven days, emerging as one of the strongest performers in the broader crypto market as investor appetite for financial privacy intensifies. ZEC traded at roughly $346 on May 1 before reaching a seven-day peak of $593.86 on Wednesday, according to CoinGecko data. The token has since settled near $570, with CoinMarketCap placing its market capitalization near $9.46 billion and daily trading volume above $1.73 billion. The primary catalyst behind the surge was a disclosure from crypto investment firm Multicoin Capital. On May 4, co-founder and ... (full story)
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