Zcash Rebounds after Market Crash, Hits New Highs

Following a significant market downturn triggered by U.S. tariffs on China, Zcash (ZEC) has experienced a sharp recovery, surging back towards pre-crash highs. The privacy-focused cryptocurrency surged over 3% to reach an intraday peak of $297.01 in the last 24 hours. This recovery comes after a substantial drop following the U.S. government’s announcement of tariffs on China, resulting in an estimated $19 billion in liquidations within a short period during October.