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Zcash risks slide toward $1,000 as inflation fears outweigh ETF inflows

Key takeaways Zcash traded near $1,111 on Thursday, extending Wednesday’s roughly 6% decline. A sustained four-hour close below $1,115 could expose support at $1,050 and $1,000. ZEC needs to reclaim resistance between $1,242 and $1,264 to ease its near-term bearish outlook.

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