ZEC Derivatives Signal Deleveraging as Open Interest Drops 28% – What’s Next for Zcash Price?

The post ZEC Derivatives Signal Deleveraging as Open Interest Drops 28% – What’s Next for Zcash Price? appeared first on Coinpedia Fintech News

The crypto market is experiencing enhanced selling pressure as the Bitcoin price slumps below $73,000, erasing gains of the past three months. In the meantime, Zcash (ZEC) has become the top loser among the leading cryptos, with nearly a 15% plunge. The popular privacy token is showing signs of a deeper correction as its price …