Why Is Zcash (ZEC) Price Falling? The Answer Isn’t the Broader Market

Zcash fell below $1,000 to $982.12, its lowest since early September, down 25.22% over seven days. The drop coincided with outflows from US spot Zcash ETFs in November, even as Grayscale research notes a growing developer base. Traders should watch whether ETF redemptions keep pressuring ZEC independently of the broader market.