Zcash Hits New YTD High As Multicoin Discloses ZEC Bet

Zcash Hits New YTD High As Multicoin Discloses ZEC Bet

Zcash extended one of the strongest recent moves in the large-cap segment, setting a new year-to-date high of $590 after rallying more than 80% in six days. The move came as Multicoin Capital co-founder Tushar Jain disclosed that the firm has built a “significant position” in ZEC since February, framing the trade as a bet on renewed demand for private, seizure-resistant assets. The disclosure added a high-profile institutional voice to a rally that had already pushed ZEC through key technical levels. Crypto analyst Cheds Trading posted a ZEC chart and described the move as “Strong....


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