{"id":79243,"date":"2026-10-08T16:22:11","date_gmt":"2026-10-08T16:22:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/zcash-dives-16-falling-harder-than-bitcoin-amid-market-sell-off-bitcoin-news\/"},"modified":"2026-10-08T16:22:11","modified_gmt":"2026-10-08T16:22:11","slug":"zcash-dives-16-falling-harder-than-bitcoin-amid-market-sell-off-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/zcash-dives-16-falling-harder-than-bitcoin-amid-market-sell-off-bitcoin-news\/","title":{"rendered":"Zcash Dives 16%, Falling Harder Than Bitcoin Amid Market Sell-Off \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Zcash fell to $1,115 on Thursday, sparking over $38M in leveraged long liquidations.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">ZEC remains up over 120% YTD in 2026 as prominent Monero proponents publicly pivot to buy zcash.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Winklevoss Asset Services submitted an SEC filing for a spot zcash ETF (WINK) targeting a Nasdaq listing.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Sharp Sell-Off Ends Weeks of Gains<\/h2>\n<p>Privacy coin zcash (ZEC) dropped below $1,200 for the first time in weeks Thursday as the previously <a href=\"https:\/\/news.bitcoin.com\/market-updates\/zcash-price-slides-23-as-grayscale-etf-hits-reverse\/\">top-performing cryptocurrency<\/a> surrendered all gains made since Sept. 16. Market data shows that the privacy coin, which traded above $1,330 late Wednesday, initially experienced a sharp drop just before midnight when it shed nearly $70 in just over an hour, dropping from $1,300 to $1,235.<\/p>\n<p>After spending a few hours struggling to hold above $1,230, ZEC\u2019s price eventually succumbed to bearish pressure, sliding further until it hit a recent low of $1,115. The privacy coin was still down about 16% on the day.<\/p>\n<p>For context, bitcoin and other high-cap altcoins <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-holds-above-82k-despite-mounting-bearish-pressure\/\">logged losses ranging between 3%<\/a> and 7%, while rival privacy coin monero (XMR) was down about 4.5% on the day. Despite this, ZEC\u2019s gains since the start of the year remain above 120%, making it one of the best-performing cryptocurrencies in 2026 so far.<\/p>\n<p>ZEC\u2019s slide caused the <a href=\"https:\/\/www.coinglass.com\/liquidations\/ZEC\" target=\"_blank\" rel=\"noopener noreferrer\">liquidation of about $38 million<\/a> in leveraged long positions on the cryptocurrency. Overall, nearly $900 million worth of positions have been liquidated across the broader market in the last 24 hours.<\/p>\n<h2>Investor Sentiment and Shifting Privacy Thesis<\/h2>\n<p>While the price drop has shaken some investors, long-term supporters remain unfazed, pointing to recent patterns. Data shows ZEC bull runs regularly give way to periods of sustained pressure before rebounding to set new year-to-date highs.<\/p>\n<p>In addition to technical signals, high-profile backing continues to bolster sentiment. Crypto investor and prominent Monero proponent \u201cTulip King\u201d recently <a href=\"https:\/\/x.com\/Kaiz_294\/status\/2108136136023683564\" target=\"_blank\" rel=\"noopener noreferrer\">revealed on a podcast<\/a> that ZEC\u2019s outperformance forced him to re-evaluate his privacy thesis.<\/p>\n<p>Pointing to <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/zcash-price-1600-21shares-europe-zec-etp\/\">ZEC\u2019s relative price strength<\/a> against Monero, he noted that market signals pushed him to revisit long-held assumptions and ultimately build a substantial position in ZEC while retaining respect for the Monero community.<\/p>\n<p>Institutional tailwinds offer another cause for optimism. Winklevoss Asset Services, owned by Gemini co-founders Cameron and Tyler Winklevoss, <a href=\"https:\/\/news.bitcoin.com\/exchanges\/winklevoss-twins-file-zcash-etf-100m-launch-interest\/\">submitted an S-1 filing<\/a> with the U.S. Securities and Exchange Commission to launch a spot zcash ETF on Nasdaq under the ticker WINK. The fund, partnered with ecosystem backer Cypherpunk Technologies, proposes holding ZEC directly with a 0.25% fee\u2014a move aimed at undercutting <a href=\"https:\/\/news.bitcoin.com\/market-updates\/zcash-price-slides-23-as-grayscale-etf-hits-reverse\/\">Grayscale\u2019s existing Zcash fund<\/a>.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden md:flex md:flex-row md:gap-3 lg:hidden\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/winklevoss-twins-file-zcash-etf-100m-launch-interest\/\"><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/div>\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden lg:flex lg:flex-row lg:gap-4\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/winklevoss-twins-file-zcash-etf-100m-launch-interest\/\"><img alt=\"Winklevoss Twins File for Zcash ETF With $100M Launch Interest\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fwinklevoss-twins-file-for-zcash-etf-with-100m-launch-interest-150x150.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/p>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Winklevoss Asset Services submitted a registration statement to the SEC for a spot zcash ETF under the ticker WINK on\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/zcash-dives-16-falling-harder-tbitcoin-market-sell-off\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Zcash fell to $1,115 on Thursday, sparking over $38M in leveraged long liquidations. ZEC remains up over 120% YTD in 2026 as prominent Monero proponents publicly pivot to buy zcash. Winklevoss Asset Services submitted an SEC filing for a spot zcash ETF (WINK) targeting a Nasdaq [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":79244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79243"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=79243"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/79244"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=79243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=79243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=79243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}