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BitcoinSource: Crypto Economy ·

Zcash Defies Market Weakness Above $1,200 as Shorts Face Pressure

Zcash held above $1,200 while Bitcoin traded below $80,000, with ZEC gaining 2% in the initial snapshot and maintaining relative strength. Open interest exceeded $1.5 billion as short positioning remained significant, while the latest advance may have been partially amplified by a small short squeeze.…

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