Zcash drops below $1,000 for first time since September

The timing is the story here: a public commitment of capital from Grayscale did little to arrest a sharp drawdown, suggesting ecosystem funding and secondary-market pricing are running on separate tracks. The move also looks less like a Zcash-specific verdict than a privacy-coin repricing, since the weakness was sector-wide. What matters next is whether that correlation holds or whether Zcash decouples once the broader sell-off settles — and whether the Grayscale commitment translates into visible activity rather than remaining a headline figure.