Key Takeaways:
Zcash jumped 25% to nearly $335 on April 8, 2026, following an announcement of a temporary U.S.-Iran ceasefire. The rally boosted the crypto market cap by 4%, pushing bitcoin past $72,000 as risk appetite returned. QCP analysts warn that stability depends on the Strait of Hormuz and this week’s CPI inflation data. ZEC Outperforms the Broader MarketDespite the market rebound, analysts at QCP remain cautious, noting that the halt in hostilities may be a temporary pause rather than a permanent resolution. Market stability, they argued, hinges largely on the continued safe passage of shipping vessels through the Strait of Hormuz.
