Zcash Falls Below $1,000 Before Rebounding Near $995

Zcash fell below $1,000 on November 11, reaching an intraday low of $962.85 as cryptocurrency markets weakened. The price later moved back above that level: a 21:20 UTC snapshot put ZEC at $995.07, down 5.84% over the preceding 24 hours. The readings show prices at different times, not a single daily closing value.

At 12:20 UTC, ZEC was down 13.5% on the day and 24.5% over seven days, according to CoinGecko data cited in a report. Another account put the token near $975, down roughly 14% over 24 hours. These snapshots vary with observation time. At an earlier check described in another report, ZEC stood at $1,092.19 after falling 7.89% in the preceding half-hour; that reading also showed a 10.74% 24-hour loss. The half-hour decline and daily changes cover different periods.

The decline occurred alongside losses in other major cryptocurrencies. At the 12:20 UTC snapshot, Bitcoin was down 5.8% and Ether 11.6% over the same period, while ZEC’s seven-day loss was 24.5%. One report linked the broader market downturn to October U.S. inflation, which rose 0.4% from the previous month against a cited forecast of 0.3%. The available figures do not establish how much of ZEC’s fall came...