The Well-established Altcoin is on the Rise Again! Arthur Hayes Continues the Uptrend Started by Grayscale!

October, known as a historically bullish month, is not a month of major increases for Bitcoin and altcoins as ￰0￱ there was a major collapse in the market on October 11, known as Black Friday, with the tariff tension between the US and China flaring up ￰1￱ BTC and altcoins started the new week on the rise due to increasing expectations that the FED will cut interest rates and the approaching China-US talks, one altcoin diverged from the ￰2￱ this point, Zcash (ZEC), one of the oldest pioneers of the cryptocurrency industry, made a name for itself with its rise. Zcash, which has increased by 22.4% in the last 24 hours and 540% in the last month, exceeded $360.

Why Is Zcash (ZEC) Rising? The sudden and continuous rise of ZEC after a long period of silence brought this question to the minds of investors: Why is the price of Zcash rising? Zcash's recent surge is seen as a continuation of the Grayscale-initiated surge in ZEC's price that began in early October. However, the recent surge was fueled by BitMEX founder Arthur Hayes’ bold prediction for the ZCash price, which sparked a massive FOMO and social media frenzy among investors after Hayes predicted a price of $10,000 for ￰3￱ caused the Zcash price to surge significantly within 24 ￰4￱ you may recall, Grayscale, one of the largest digital asset managers, announced a new ZEC fund in early October, allowing eligible investors to invest in ￰5￱ argue that this move also signals that Grayscale will soon apply for a ZEC ￰6￱ News: Grayscale Announces Long-Territorial Altcoin's Price Skyrocket!

Becomes Today's Highest-Rising Altcoin! Will the Rise Continue? *This is not investment ￰7￱ Reading: The Well-established Altcoin is on the Rise Again! Arthur Hayes Continues the Uptrend Started by Grayscale!