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Why Zcash Suddenly Became the Crypto Market's Black Sheep
The privacy-focused cryptocurrency Zcash has fallen by nearly 15 percent this week as Bitcoin’s dominance approaches 70 percent. According to CoinMarketCap, Zcash was trading at slightly over $66 seven days ago but is now just under $56, a decline of approximately 15 percent that forced its market cap below $400 million. Among the leading 30 altcoins by market cap, Zcash’s decline is only eclipsed by Maker, a token residing on the Ethereum blockchain. Zcash’s double-digit decline comes amidst plans by Coinbase UK to delist the privacy coin. This is about ten months since Coinbase Pro first announced support for ... (full story)