Zcash briefly reached $888—its highest price level since 2018—before pulling back to around $843, up nearly 7% over 24 hours and roughly 48% since August 20.
Myriad: Bitcoin next price move? Click to make your prediction. ZEC futures let traders bet on Zcash’s price without owning the coin, often with leverage. Open interest tracks outstanding contracts, while positive funding signals stronger demand for long positions—raising the risk of a short squeeze if ZEC rises or long liquidations if it falls.
Interest in Zcash grew over the last year as investors searched for an alternative to Bitcoin with stronger privacy protections. Zcash, a type of privacy coin, makes it difficult to track transactions on the network by shielding balances, unlike traditional cryptocurrencies—such as Bitcoin or Ethereum—which are transparent by default.
