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Zcash Blazes Trail in Crypto Rally with 47% Price Surge

Guavy AI Editorial Team
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Zcash led a broad crypto rally last week, surging 47.1% to around $810. The price increase was part of a wider movement in altcoins, with Bitcoin Cash, Cardano, Dogecoin, and Chainlink also posting double-digit gains.

The optimism driving the rally is centered around the U.S. Digital Asset Market Clarity Act and expanded Treasury bond buybacks, which have increased liquidity and investor confidence.

Grayscale's efforts to convert its Zcash Trust into a U.S. privacy coin ETF are also supporting the rally.

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