Zcash Could Recover Pre‑Crash Gains After Surging to $291, Then Retracing Amid Tariff‑Driven Market Volatility

Coinotag2025/10/31 16:00

By:Jocelyn Blake

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Zcash (ZEC) fully recovered losses from Friday’s crash, rallying to a recent high near $291 before stabilizing around $273; the ZEC price recovery highlights strong demand for the privacy-focused layer‑1 token despite a broad market liquidation triggered by U.S.–China tariff fears.

ZEC regained pre‑crash value and hit ~$291
Zcash climbed nearly 4x since October 1, outperforming many top tokens
ZEC fell ~45% during the liquidation event; now only ~5.5% below its recent peak

Zcash price recovery: ZEC rallies to $291 after market crash, now trading near $273 — read the latest on ZEC price action and market impact.

ZEC recovered all losses from Friday’s liquidation and reached a short‑term high of $291 before retracing to the low $270s.

What is driving the Zcash price recovery?

Zcash price recovery was driven by strong buyer interest after an extreme liquidation event; ZEC surged to about $291 on Saturday as traders covered short positions and rotation into privacy‑focused layer‑1 assets increased. Market sentiment improved despite macro shockwaves from tariff announcements.

How did ZEC behave during and after the Friday crash?

ZEC plunged roughly 45% on Friday, sliding from about $273 to near $150 amid a fast, market‑wide selloff following U.S. tariff announcements. Within 48 hours, Zcash reversed the move, forming a new recent high near $291 before consolidating around $273 at the time of reporting.

Zcash Could Recover Pre‑Crash Gains After Surging to $291, Then Retracing Amid Tariff‑Driven Market Volatility image 0

Zcash experienced a massive rally in October and is trading at pre-crash levels. Source: TradingView

Why did ZEC outperform many tokens during the rebound?

Several factors supported ZEC’s outperformance: a prior rapid rally that concentrated bids at higher levels, rotation into privacy and layer‑1 projects, and short‑squeeze dynamics as liquidations forced position covering. By contrast, major tokens such as Ether remained deeper below recent highs, reflecting broader risk‑off positioning.

Before the downturn, ZEC had rallied from roughly $74 on October 1 to about $291 on Saturday — almost a fourfold rise in under two weeks. The speed of that move contributed to the sharp retracement and equally swift recovery.

The liquidation event that triggered the selloff was one of the largest in recent history, with marketwide liquidations estimated near $20 billion within hours of the tariff announcement. This forced many leveraged positions to close and amplified volatility across spot and derivative markets.

Plain text mention of sources: Reuters reported concentration of rare earth production in China; TradingView provided price charts and short‑term market data. No external links are provided.

Zcash Could Recover Pre‑Crash Gains After Surging to $291, Then Retracing Amid Tariff‑Driven Market Volatility image 1

Source: Donald Trump

When did the macro shock occur and what triggered it?

The shock came on Friday after U.S. presidential social media posts signaled expanded tariffs and trade restrictions, including a 100% tariff announcement set to take effect on November 1, 2025. Those posts reignited fears of a steep global trade escalation and sent equities and crypto markets into rapid decline.

Frequently Asked Questions

Is Zcash (ZEC) back to pre‑crash levels?

ZEC briefly reached a recent high of ~$291 and was trading around $273 at the time of reporting, effectively recovering most losses from the Friday crash and sitting approximately 5.5% below the short‑term peak.

How big was the Friday crypto liquidation?

Marketwide liquidations were estimated at about $20 billion within hours of the tariff announcement, triggering steep declines across many crypto assets and forcing significant margin calls.

Key Takeaways

Rapid rebound: ZEC returned to roughly $291 then settled near $273, recovering most losses.
Event driver: U.S. tariff announcements triggered a large liquidation event that affected the whole crypto market.
What to watch: Monitor volume, macro headlines, and relative performance versus major tokens for confirmation.

Conclusion

The Zcash price recovery reflects concentrated buying and short‑covering after one of the market’s sharpest liquidation events. ZEC’s return to near‑peak levels underscores demand for privacy‑focused layer‑1 tokens even amid macro uncertainty. Stay updated with COINOTAG for continuing coverage and data‑driven analysis.

Published: 2025-10-11 — Updated: 2025-10-11 — Author: COINOTAG

Related: Bitcoin may get ‘dragged around a bit’ amid Trump tariff fears: Exec

Magazine: Ether could ‘rip like 2021’ as SOL traders brace for 10% drop: Trade Secrets

In Case You Missed It: Bitcoin's Emotional Recovery May Fuel Accumulation, But High NVT and $123K Sell Pressure Could Cap Gains

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Concerns over the debt risk of AI infrastructure companies continue to rise. Yields on some CoreWeave bonds briefly exceeded 15% on Thursday and remained elevated on Friday. CoreWeave's stock price plunged another 12% on Friday, and the Nasdaq Composite Index fell about 4.5% for the week. Analysts point out that as capital costs rise to unbearable levels, companies will have no choice but to reduce their capital expenditures.

华尔街见闻•2026/10/16 23:26

Philadelphia Semiconductor Index Experiences Longest Losing Streak Since 2008; Jensen Huang Responds Calmly: Short-term Fluctuations Won't Change AI's Long-term Growth Prospects

Despite recent sell-offs in AI-related stocks, Nvidia CEO Jensen Huang remains confident in the long-term prospects of the AI industry.

智通财经•2026/10/16 23:21

U.S. chip stocks drop for eight consecutive sessions! $2 trillion wiped out in market value, marking the longest losing streak since 2008

This week, the investment prospects of AI were questioned by the market. The Philadelphia Semiconductor Index fell by 11.4%, and the Nasdaq dropped more than 4% in a single week. CoreWeave's stock price fell over 25% during the week, and its bonds dropped to distressed levels, casting doubt on the high-yield debt financing model. Strategists warned that being overly bearish could lead to missing opportunities, while "Wood Sister" bucked the trend and increased her holdings of CoreWeave.

华尔街见闻•2026/10/16 21:53

In August, overseas funds returned to the U.S. Treasury market; UK holdings surpassed $1 trillion for the first time; Japan and China continued to reduce holdings, with China’s U.S. Treasury holdings hitting the lowest level since 2008

According to a report by the U.S. Treasury Department, overseas investors made net purchases of $108.9 billion in U.S. Treasury bonds in August, reversing a two-month decline in holdings. Among the top ten countries and regions holding U.S. debt, only China and Japan reduced their holdings in August. Japan, the largest holder, saw its holdings drop for the fourth consecutive month, reaching a 22-month low in the same month it intervened in the foreign exchange market. China’s holdings declined for the third straight month, hitting new lows for two consecutive months not seen since 2008. The UK, the second-largest holder, posted historic highs for two consecutive months. Canada recorded the largest increase in August, up $38.3 billion, ranking fifth overall. Belgium had the second-largest increase, up $19.8 billion.

华尔街见闻•2026/10/16 21:53