Zcash’s (ZEC) Major Uptrend, Recent Cardano (ADA) Predictions, and More: Bits Recap September 11

The privacy coin ZEC has stunned the crypto world lately, after briefly rising to a ten-year high of almost $1,300. However, bears stepped in and erased much of the gains, and it remains unclear whether the rally will resume.

Cardano’s ADA has been the subject of optimistic price forecasts, while Ethereum (ETH) appears to be at a crossroads. What Now for ZEC?

The token has been crypto’s top performer over the past few weeks, with its price skyrocketing by 130% in a month and its market capitalization temporarily surging past $20 billion.

Potential catalysts include the launch of Grayscale’s ZEC ETF, along with other factors we covered in our article here. However, bears eventually halted the upswing, and three key developments suggest a more substantial pullback may be on the horizon.