ZCash Falls 14% as On-Chain Metrics Point to Potential Rally Toward $1,000

ZCash dropped 14% in the past 24 hours, yet on-chain data suggest conditions for a potential recovery toward $1,000. Miner profitability remains strong, trading volume surged 138% to $4.61 billion, and spot investors accumulated $34.46 million worth of ZEC in 24 hours, signaling renewed market confidence.