Zcash Volatility Soars 300% Higher Than Bitcoin Amid 142% Price Surge
Zcash has been on an absolute tear in recent months, rising over 142% in the past month alone and reaching a price of $1,236.
This significant increase in value has led to speculation about its market performance compared to Bitcoin. While Zcash's market capitalization is only 1% that of Bitcoin, its volatility is more than three times higher.
Zach Pandl, Grayscale Head of Research, believes that this disparity could make options an especially useful tool for investors seeking risk management or alternative income.
This suggests that Zcash's high price swings may be due to its smaller market cap, making it a more attractive option for investors looking to manage their risk exposure.