price move

Zcash price could reclaim $1,300 as selling pressure begins to ease

0Importance
closedStatus
1News media
1Pieces
Published
Updated
Since then
1 new report
Also mentions
USDT

Zcash moved through a sharp sequence of intraday swings around the Oct. 5-9 period, with repeated one-hour and four-hour drops and rebounds while liquidation totals rose on both sides. The token was above $1,340 early in the period, later slipped under $1,200 on Oct. 8, and then traded near $1,213 on Oct. 9. [34392][38986][39021][41802]

Key claims & sources

✓
Zcash traded at $1,340 at 4:02 p.m. ET on Oct. 5 after a 3.62% move higher over four hours, while short liquidations reached $120,000.
✓
By 6:47 a.m. ET on Thursday, Zcash was at $1,202, down 2.48% in the prior hour and 8.01% over 24 hours, with $1.57 million in long liquidations across three exchanges.
✓
Zcash was near $1,213 on Oct. 9 after a recent selloff, and the token was up about 2.2% on the daily session.

What it means

What remains open is whether the later recovery near $1,213 held after Oct. 9, since the final piece only gives that snapshot and says selling pressure had started to ease. A later price update or trading record would settle whether the rebound continued or faded.

Market reaction i

TetherUSDT the event is about this asset
first headline
0.0% 2 h before
0.0% 4 h after
$1.0000price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 9 14:19

Where this sits in the Tether series

WhenWhat happenedFigure
31 days ago USDT at $1.0000 high today it sits -0.1% from there
7 days ago USDT at $0.9980 low today it sits +0.1% from there

From what we have stored, starting 42 days ago.