Key Notes

ZEC climbed above $500, reaching levels last seen in January 2018.

Market cap jumped by $8.46 billion, placing ZEC among the top 20 cryptocurrencies.

A trader secured $2.7 million in unrealized profits amid the rally.

While the broader crypto market continues to recover from this week’s pullback, Zcash ZEC $518.4 24h volatility: 19.5% Market cap: $8.49 B Vol. 24h: $1.80 B has stolen the spotlight by crossing the key psychological $500 level. The privacy-focused cryptocurrency is currently trading near $514, up around 20% in the past 24 hours.

This marks the first time ZEC has touched these levels since January 2018. This comes after a consistent uptrend by the cryptocurrency throughout October, despite global market volatility.

Over the last 30

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