necessary notes
- Amid the $19 billion crypto market crash, Zcash’s value has risen 30% to a four-year excessive.
- Roger Ver’s $48 million settlement with the Justice Division has fueled optimism about loosening US crypto enforcement.
- As commerce tensions between the U.S. and China escalated underneath the Trump administration, demand for politically impartial and privacy-focused cryptocurrencies like ZEC rose once more.
Zcash (ZEC) value surged 30% to a four-year excessive of $284 on Saturday, October 11, even because the broader crypto market erased greater than $19 billion in derivatives positions in lower than 24 hours. Zcash was the most important gainer among the many prime 50 ranked belongings on Saturday as Bitcoin and Ethereum fell under key technical assist.
Market reacts to President Trump’s tariffs on China, Zcash rises by double digits for 4th day in a row
Zcash’s latest rise to $284 coincides with the resurgence of geopolitical tensions following the demise of the US. President Donald Trump announces New further tariffs on imports from China. Zcash, which permits privacy-friendly peer-to-peer (P2P) funds, has benefited from a renewed debate over impartial, privacy-oriented belongings in addition to strategic traders searching for high-yield belongings throughout the ongoing downturn within the crypto market.
ZEC’s value rally got here after per week of levered brief positions that culminated in an enormous brief squeeze as the worth broke by the $250 resistance zone. This breakout triggered compelled overlaying and an enormous ZEC short-term liquidation round a serious resistance degree.
Market reacts to President Trump’s newest China tariffs, Zcash (ZEC) brief vendor liquidates $4 million in 12 hours, October 11, 2025 | Supply: Coinglass
Supporting this story, Coinglass information reveals that of the $5.75 million in ZEC liquidations up to now 24 hours, $4.01 million was brief positions and solely $1.74 million was lengthy. This imbalance highlights how aggressive brief bets drove Zcash’s value good points to double digits for 4 consecutive days with out realizing the surprising breakout above $250.
Because the panic promoting subsided on Saturday, merchants started positioning for continued upside, with Zcash’s lengthy/brief ratio recovering to 1.05 on the time of writing, indicating that new lengthy entries have outpaced brief positions, negating the preliminary results of the market turmoil brought on by President Trump and China.
Roger Ver settlement alerts easing of US crypto stress
Earlier this week, early Bitcoin investor and Bitcoin Money advocate Roger Ver, also known as “Bitcoin Jesus,” reportedly reached a milestone. $48 million interim settlement Cooperating with the U.S. Division of Justice to resolve tax fraud costs filed in 2024.
Specifically, U.S. authorities have accused Ver, who was extradited from Spain in 2024, of hiding his Bitcoin holdings earlier than renouncing his U.S. citizenship in 2014. This information has sparked a debate over the privateness tolerance and anonymity options of belongings like Zcash.
The well timed mixture of a four-year peak rally, Trump’s commerce coverage, and privateness coin advocate Roger Ver’s settlement make Zcash a sexy hedge towards the present political uncertainty and market dangers.
Zcash Value Prediction: Will Zcash (ZEC) value cross $300?
On the time of writing, ZEC was buying and selling round $265, down 14% from its intraday excessive of $284, however nonetheless up 18% on the day. Technical indicators counsel additional upside potential if sure situations maintain.
First, the Relative Power Index (RSI) is above 68, in overbought territory, however nonetheless on an upward pattern, reflecting continued bullish stress at present costs.
Zcash (ZEC) Value Prediction | TradingView
The MACD additionally maintains a large constructive divergence, confirming sturdy momentum, whereas the parabolic SAR dot can be under the intraday value candlestick.
If ZEC rises above the $250 breakout zone, the bulls may goal the $320 degree highlighted by the falling wedge sample on the 3-day chart. Nevertheless, a break under $235 will invalidate the bulls and will result in a fall to the $190 assist.
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Disclaimer: Coinspeaker is dedicated to offering truthful and clear reporting. This text is meant to offer correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Market situations can change quickly, so we suggest that you simply confirm the knowledge your self and seek the advice of knowledgeable earlier than making any selections based mostly on this content material.
Ibrahim Ajibade is an skilled analysis analyst with a background supporting numerous Web3 startups and monetary establishments. He holds a Bachelor’s diploma in Economics and is at the moment learning for a Grasp’s diploma in Blockchain and Distributed Ledger Know-how on the College of Malta.
