Zcash defies crypto market sell-off as NU7 upgrade fuels breakout hopes

FXStreet · Vishal Dixit · 2026-11-06 03:46 UTC

Zcash (ZEC) shows resilience above $1,300 on Friday, defying the broader cryptocurrency market sell-off, which saw over $1 billion in liquidations the previous day.

- Zcash is up 2% on Friday, holding above $1,300 with bulls focused on reclaiming the $1,340 barrier.

- Network Upgrade 7 for Zcash is scheduled to go live on Friday, enabling 3x faster payments and disabling v4 transactions.

- A ZEC-focused ETF recorded roughly $11 million in outflows on Thursday, while derivatives data points to a firm buildup in leveraged positions.

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