Zcash Defies Market Weakness Above $1,200 as Shorts Face Pressure
Photo: Crypto Economy
TL;DR Zcash held above $1,200 while Bitcoin traded below $80,000, with ZEC gaining 2% in the initial snapshot and maintaining relative strength. Open interest exceeded $1.5 billion as short positioning remained significant, while the latest advance may have been partially amplified by a small short squeeze. A later market reading placed ZEC near $1,217.61, still ... Read more
Source: Crypto Economy
