Zcash (ZEC) is up 5% on Monday, erasing the 4% losses from the previous week. The privacy coin gains retail strength amid rising user adoption, with Open Interest up 6% in 24 hours as Ironwood pool shielded volume crosses 3 million ZEC tokens. Zcash’s technical outlook is mildly bullish as the price approaches the apex of the symmetrical triangle pattern. 

Bitcoin (BTC) trades slightly higher around $63,500 on Monday, following a slight correction the previous week, supported by improving risk sentiment and despite mild outflows from institutional demand. The largest cryptocurrency by market capitalization has traded broadly sideways since mid-July, with a tight range and subdued volatility that, according to analysts, could end soon.