Zcash is one of the biggest losers in the crypto market today, with ZEC price dropping by more than 10% in 24 hours while the broader market also trades under pressure. The sharp Zcash crash comes after a strong rally that pushed the privacy coin back into the spotlight, making it more exposed to profit-taking once sentiment turned bearish.
According to Binance market data, Zcash was trading around the $540 range, down more than 11% in 24 hours, with a market cap near $9 billion and 24-hour trading volume above $1.3 billion. The token also moved between a 24-hour high above $631 and a low near $538, showing how aggressive the sell-off became during the day.
By TradingView - ZECUSD_2026-06-04 (YTD)Why Is Zcash Crashing Today?
The main reason behi...
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