Zcash Climbs 16% to $574 as Bitcoin and Broader Crypto Market Fall

Zcash traded at approximately $574 on November 14, marking a 16% gain over the prior 24 hours. Bitcoin led a broader market selloff during the same period, reducing total cryptocurrency market capitalization by 2.3% to around $3.22 trillion. Institutional acquisitions of the privacy-focused token have reached 203,775 ZEC, valued at roughly $50 million.