Zcash Plunges 30% from $750 - Is a Rebound Imminent?

Crypto markets witness another brutal correction as privacy-focused Zcash takes a massive hit.

The Technical Breakdown

Zcash's sudden collapse from the $750 level sent shockwaves through the privacy coin sector. That 30% nosedive happened faster than a Wall Street banker's moral compass - leaving traders scrambling and asking the billion-dollar question: can it recover?

Market Psychology at Play

When a major cryptocurrency sheds nearly a third of its value in one move, it's either a buying opportunity or the start of something uglier. The charts don't lie - but they also don't predict the future. Technical analysts are now watching key support levels like hawks, while fundamental believers point to Zcash's unique privacy features as long-term value drivers.

Privacy coins face regulatory headwinds that make traditional finance's compliance departments look like anarchists - but that's exactly why they exist. The question isn't whether privacy will remain valuable, but whether markets have the patience to wait for the next rally.

Rebound or retreat? The charts will decide - and someone's about to make a fortune either way.

Stand With Crypto Announces New Survey

According to the Monday press release, Stand With Crypto sent a survey out this week to learn each qualifying candidate’s stance on issues affecting the crypto sector.

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In addition to disclosing their relationship to cryptocurrencies, the survey includes questions regarding candidates’ stances toward “crypto innovation, de-banking, crypto mining and zoning, consumer protections, accessibility” and more.

“The next Congress will have a significant impact on whether or not the U.S. adopts the pro-crypto policies that will foster continued economic growth, innovation, and access,” said Mason Lynaugh, Stand With Crypto community director. “Crypto is already having a transformational impact on our economy, and we need pro-crypto candidates to ensure that the U.S. maintains its dominant global position.”

“Stand With Crypto will draw from questionnaire responses to ensure that every voter is informed and is empowered to make decisions at the ballot box that will help secure and strengthen the future of blockchain technology,” he added.

Results of Stand With Crypto’s latest questionnaire will be made available sometime in early 2026.

Crypto Sector Gears Up For 2026 Elections

The MOVE indicates that Stand With Crypto is already gearing up for next year’s election cycle, although it is unclear exactly what an impact may have on the 2026 midterm elections.

Launched with support from Coinbase back in 2023, the crypto policy platform has gained notoriety for its ranking politicians’ friendliness toward the digital asset industry on a scale from A to F.

According to Stand With Crypto’s website, the organization’s goal is to turn crypto owners into a “into a powerful and unified voting bloc” and champion “clear, common-sense regulations” around digital asset rulemaking.

However, it remains to be seen just which candidates Stand With Crypto will back in the 2026 midterms.