Key Notes

Zcash (ZEC) rebounded 3% to $611 after Saturday’s 4% correction halted its eight-day winning streak.

Open interest in ZEC futures crossed $1 billion, signaling heightened speculative activity and potential volatility.

Technical indicators show mixed momentum as bulls and bears position for control following a 90% rally in early November.

Zcash (ZEC) rebounded 3% to settle at $611 on Sunday, November 10, reversing part of Saturday’s 4% decline that ended an eight-day winning streak. Over the first eight days of November, ZEC soared nearly 90%, defying broader market turbulence as Bitcoin and Ethereum dropped to multi-month lows.

The brief ZEC price correction failed to dampen enthusiasm among speculative traders . Open interest in Zcash derivatives surged past $1 billion

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