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via The Block · By The Block Editorial

Zcash selloff extends past 50% amid bug disclosure as liquidations top $100 million

ZEC

ZEC/USDT

$486.74
-1.07%
24h Volume

$175,343,198.37

24h H/L

$492.64 / $485.00

Change: $7.64 (1.58%)

Funding Rate

-0.0048%

Shorts pay

Data provided by COINOTAG DATALive data
ZEC
ZEC
Daily

$488.14

0.03%

Volume (24h): -

Resistance Levels
Resistance 3$522.0663
Resistance 2$503.9667
Resistance 1$488.9569
Price$488.14
Support 1$485.41
Support 2$470.2125
Support 3$440.2146
Pivot (PP):$490.9967
Trend:Sideways
RSI (14):48.0
TB
The Block Editorial
(11:35 AM UTC)
1 min read
SC
Reviewed bySarah Chen

Zcash extended its recent selloff beyond 50% on Friday to roughly $310 as a critical counterfeiting vulnerability disclosed earlier this week continued to weigh on sentiment.

ZEC fell as much as 60% at one point, from around $630 on Thursday to as low as roughly $250 on Friday, before recovering some losses, while liquidations surpassed $116 million — the third-largest among cryptocurrencies…

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Source

The Block Editorial · The Block

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