Zcash ($ZEC
), the privacy-focused cryptocurrency, is currently trading with renewed volatility as market sentiment remains mixed; although it briefly rebounded recently, prices have faced pressure and declined over the past week amid broader crypto weakness and investor uncertainty. Recent reports highlight a corrective phase with bearish momentum dominating and support around key price levels under threat, pushing the token into a higher-risk zone for further declines. Meanwhile, the ecosystem’s confidence has been shaken by governance concerns following a mass developer resignation from its core team in early January — a factor contributing to recent selling pressure. On the flip side, positive developments like regulatory clarity around the Zcash Foundation and institutional interest are helping stabilize $ZEC sentiment. Overall, $ZEC ’s price action today reflects a balance of short-term bearish risks and longer-term fundamental interest
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