Zcash Rebounds after Crypto Market Plunge

Following a Friday market crash triggered by President Trump’s social media posts regarding tariffs on China, Zcash (ZEC) has rebounded to near its pre-crash highs. It reached a new recent high of around $291 on Saturday before retracting slightly to approximately $273 as of this writing. This impressive recovery puts Zcash among the standouts in a market that experienced substantial losses. While many cryptocurrencies are down by double digits from their recent highs, including Ether (ETH), which has dropped 22% since its record high of $4,957.