Close Menu
Cryptosphere Update
  • Crypto News
  • Economy
  • Crypto Markets
  • World News
  • Technology
  • Breaking Views
What's Hot

24/7 Takeover: How Cryptocurrency’s $130 Billion TradFi Surge Is Absorbing Global Commodity Trading

March 7, 2026

Former Michigan State football coach Sherone Moore enters plea deal

March 7, 2026

Clinton reflects on friendship with Pastor Jesse Jackson

March 6, 2026
Facebook X (Twitter) Instagram
Trending
  • 24/7 Takeover: How Cryptocurrency’s $130 Billion TradFi Surge Is Absorbing Global Commodity Trading
  • Former Michigan State football coach Sherone Moore enters plea deal
  • Clinton reflects on friendship with Pastor Jesse Jackson
  • The war between the US and Iran is already hitting consumers’ pockets. Here’s how to do it
  • Utexo raises $7.5 million to launch Bitcoin-native USDT payments infrastructure
  • Employment statistics for February 2026:
  • The 2026 labor market is expected to begin to take shape with the February employment statistics
  • Altcoin Season “The Game Is Over”: Matt Hogan
Facebook X (Twitter) Instagram
Cryptosphere Update
  • Crypto News
  • Economy
  • Crypto Markets
  • World News
  • Technology
  • Breaking Views
Crypto Heatmap
Cryptosphere Update
Home » Why is ZCASH (ZEC) rising 60% today?
Crypto News

Why is ZCASH (ZEC) rising 60% today?

Vickie HelmBy Vickie HelmOctober 2, 2025No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Why is zcash (zec) rising 60% today?
Share
Facebook Twitter LinkedIn Pinterest Email

Keynote

ZCASH (ZEC) jumps nearly 60%, joins the top 50 crypto by market capitalization, fueled by the launch of Grayscale’s ZCASH Trust, and attracts institutional attention. Technicals suggests that ZEC is overexpanding, but momentum is above $120.

zcash

ZEC
$142.6



24-hour volatility:
54.0%


Market Cap:
$2.34 b



Vol. 24H:
$1.28 b

It posted a 59% price surge on October 2nd, making it one of the best performing cryptocurrencies of the day. This is based on a continuing cryptocurrency rally, showing price growth of 150% each week, earning 250% in market capitalization.

ZEC beat its three-year, up to $153 on October 1st. This puts the token in the top 50 cipher list, surpassing the pump.

At the time of writing, ZEC is trading around $146, and according to CoinmarketCap, its daily trading volume has increased by almost 300%.

It surges when Grayscale recently announced the launch of Grayscale Zcash Trust (ZCSH), one of the first facility-grade products exposed to cryptocurrency.

Designed for certified investors, trusts allow participation without the need to directly purchase, store or manage the underlying assets. Analysts see this as the main catalyst for Zcash’s growth.

. @zcash is similar to Bitcoin in its design. ZCASH $ZEC was created from the original Bitcoin codebase but uses privacy technology that allows users to encrypt transaction information and protect assets.

Grayscale Zcash Trust is open for private placements on PIC.TWITTER.COM/GZPMQRIZL5

– Grayscale (@grayscale) October 1, 2025

Unlike many digital currencies, ZCASH is built on the Bitcoin codebase, but adds a unique layer of privacy through Zero Knowledge Proof (ZK-SNARKS). These encryption tools allow users to choose between a fully transparent or private transaction.

Bitcoin is increasingly linked to institutional and regulatory surveillance. However, Zcash holds a strong supporter among crypto purists who value decentralization and anonymity.

ZEC price of $200?

On daily charts, the MACD shows strong momentum with a large divergence between the signal line and the MACD line. For the Bulls, the next resistance is close to $160-165, with breakouts potentially reaching $200.

ZEC price chart with bollinger band and MACD | Source: TradingView

The ZEC is traded far above the upper Bollinger band. This is a sign of extreme excess conditions that often lead to pullbacks. Traders should monitor immediate support of about $120, followed by $100. There, retesting could stabilize the trend.

Privacy advocates are optimistic, but many analysts have warned that the ZEC could face volatility after such an explosive run. Historically, privacy coins have attracted scrutiny of regulations. This may consider emotions in the long run.

Bitcoin Hyper PreSale is approaching $20 million

As ZEC continues its upward rally, another project, Bitcoin Hyper (Hyper), is also creating waves during its pre-sale stage. The purpose of this project is to address some of Bitcoin’s most pressing challenges. slow transaction speeds, high network charges, and lack of built-in smart contract functionality.

Bitcoin Hyper introduces a next-generation Layer 2 solution with optimized virtual machines. This allows faster and cheaper transactions while still pinned to the secure base layer of Bitcoin.

More about Hypertoknomics and Preser

Hypertokens promote network activity by covering transaction costs, providing staking rewards, and granting access to advanced features.

Hyperholders also benefit from 60% APY of staked tokens, providing passive income opportunities while supporting network expansion.

Hyper Presale details:

Ticker: Hyper PreSale Price: $0.013015 Funding: $19.8 million

Crypto Presale offers discount inputs to early high-token buyers. Is it a good time to invest in Bitcoin Hyper? Read the Bitcoin Hyper Price Prediction.

Next

Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information, but should not be considered financial or investment advice. Market conditions can change quickly, so we recommend that you review your information yourself and consult with an expert before making a decision based on this content.

Market News

Perth Duby

A crypto journalist with over five years of experience in the industry, Perth has worked with leading media outlets in the Crypto and Finance world, gathering experience and expertise in this field after surviving the bear and bull market for many years. Perth is also the author of four self-published books.

Parth Dubey on LinkedIn

rising today ZCASH ZEC
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
vickiehelminc
Vickie Helm

Related Posts

24/7 Takeover: How Cryptocurrency’s $130 Billion TradFi Surge Is Absorbing Global Commodity Trading

March 7, 2026

Utexo raises $7.5 million to launch Bitcoin-native USDT payments infrastructure

March 6, 2026

Altcoin Season “The Game Is Over”: Matt Hogan

March 6, 2026

Kraken xStocks launches xChange for on-chain stock trading

March 5, 2026
Add A Comment

Comments are closed.

Popular Posts

PPI January 2026:

February 27, 2026

The US military reportedly shot down a Border Patrol drone with a laser, sparking a new air force blockade and derision from lawmakers.

February 27, 2026

Bitcoin traders wary of leverage as market uncertainty soars – Learn more

February 21, 2026

24/7 Takeover: How Cryptocurrency’s $130 Billion TradFi Surge Is Absorbing Global Commodity Trading

March 7, 2026
Latest Posts

24/7 Takeover: How Cryptocurrency’s $130 Billion TradFi Surge Is Absorbing Global Commodity Trading

March 7, 2026

Former Michigan State football coach Sherone Moore enters plea deal

March 7, 2026

Clinton reflects on friendship with Pastor Jesse Jackson

March 6, 2026

Subscribe to Updates

Subscribe to our newsletter and stay updated with the latest news and exclusive offers.

About
About

At Cryptosphere Update, we are dedicated to bringing you in-depth coverage of the rapidly evolving crypto landscape, from market trends and emerging blockchain projects to regulatory developments and expert analysis. Our mission is to keep you informed and ahead of the curve in the ever-changing world of digital assets.

Facebook X (Twitter) Instagram Pinterest YouTube
Don't Miss

24/7 Takeover: How Cryptocurrency’s $130 Billion TradFi Surge Is Absorbing Global Commodity Trading

March 7, 2026

Former Michigan State football coach Sherone Moore enters plea deal

March 7, 2026

Clinton reflects on friendship with Pastor Jesse Jackson

March 6, 2026
Newsletter

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2026 Cryptosphere Update. All Rights Reserved.
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer

Type above and press Enter to search. Press Esc to cancel.