Zcash (ZEC) briefly surpassed the $1,000 mark, reaching a market value of $16.5 billion and entering the top ten cryptocurrencies by market cap. Trading volume surged by 173% to $1.62 billion, reflecting strong buying interest. However, the price soon fell back below $1,000 to around $980, suggesting some profit-taking after crossing this milestone. If ZEC can regain and sustain prices above $1,000 and $1,028, it may see continued demand; otherwise, support is expected near $900.
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