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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

$1,600.63
+9.06%
24h Volume

$2,892,805,390.24

24h H/L

$1,614.61 / $1,463.51

Change: $151.10 (10.32%)

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data
ZEC
ZEC
Daily

$1,587.34

▲ 2.64%

Volume (24h): -

Resistance Levels
Resistance 3$2,014.54
Resistance 2$1,779.45
Resistance 1$1,664.76
Price$1,587.34
Support 1$1,551.53
Support 2$1,390.88
Support 3$1,233.99
Pivot (PP):$1,526.05
Trend:Uptrend
RSI (14):66.5
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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