CryptoDecryptabout 2 hours ago
Zcash Price Drops 11% Amid Crypto Concerns
3 min read
Privacy cryptocurrency Zcash fell 11% over the past 24 hours to a market capitalization of $18.5 billion. Experts attribute the drop to leverage build-up after a 460% rise from March lows or fears that AI could break encryption. $17.9 million in Zcash long positions were liquidated, while French lawmakers progressed a law requiring citizens to report crypto holdings above €100,000.
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