A sharp drop after a spectacular rise
12h05 ▪
4
min read ▪ by
Summarize this article with:
After recording spectacular gains exceeding 1,000% since January, Zcash is going through a turbulent phase marked by a sharp 24% drop in one day. But behind this sharp drop, conflicting signals emerge: some crypto investors see a buying opportunity, while the derivatives markets sound the alarm.
In brief
- Zcash recorded a 24% drop in 24 hours despite an annual gain of over 1,000%.
- Retail investors accumulated 72 million dollars…
