As per Captainaltcoin, Zcash (ZEC) has surged over 40% in a single day, breaking above $700 amid a weak broader crypto market. The rally followed a detailed analysis video by CaptainAltcoin and a strong endorsement from BitMEX co-founder Arthur Hayes, who declared ZEC > XRP and added to his position. Hayes highlighted a clean breakout on the ZEC/BTC chart, with volume and price action showing strong conviction. Analyst Altcoin Sherpa also projected ZEC could return to previous highs, targeting the $740–$750 resistance zone.
Zcash Surges Over 40% as Arthur Hayes Backs ZEC Over XRP
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