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Zcash Falls Below $965 as Weekly Loss Reaches 26%

Zcash (ZEC) dropped below $965, extending a seven-day decline of roughly 26%, about three times bitcoin’s loss over the same period. The token now trades about 43% below its late-September price above $1,680.

Original source

AI take

The scale of the move is the story: a 26% weekly drawdown running roughly three times bitcoin's decline points to token-specific selling rather than broad market beta, which is notable for a privacy asset that has historically traded on its own narrative. The pullback from late-September levels leaves ZEC far below where it traded when privacy coins were drawing renewed attention, and the gap between its loss and bitcoin's suggests positioning unwinds rather than a change in the underlying thesis. Whether that divergence persists or narrows as the week develops is the open question.

Generated by AI for reference only.

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