Browsing: Bitcoin impact on altcoins

The recent Zcash price drop has sent shockwaves through the cryptocurrency market as it plunged by 20%, marking a significant decline to lows last seen four months ago, specifically under the $220 mark.This dramatic fall, now trading around $217, highlights the vulnerability of the privacy-focused coin amidst a larger bearish trend influenced heavily by Bitcoin’s downturn below $70,000.