Boosted by Bitcoin breaking the $69,000 mark and the overall rise of privacy coins like Monero and Dash, Zcash (ZEC) surged nearly 9%, breaking through $215. A report from the U.S. Department of the Treasury acknowledged the legitimate uses of crypto privacy tools, and Zcash Open Development Lab (Open Development Lab) secured $25 million in funding (investors include a16z and Paradigm), all supporting this rally. Although the price rebounded from the $200 support level, technical indicators show mixed signals, with potential resistance around $300. If selling pressure increases, there is a risk of falling to $175.

BTC2.11%
DASH3.85%
ZEC5.41%
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