Zcash price has 'first stop' at $1K: Former BitMEX CEO Arthur Hayes

Incoming liquidity from the US Federal Reserve and bullish technical breakouts are aligning to support a $1,000 price outlook for Zcash.

Zcash’s (ZEC) price could be gearing up for a push toward its “first stop” target of $1,000, according to Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX.

Key takeaways:

ZEC has risen 40% since Arthur Hayes’ Dec. 19 liquidity call, with privacy narratives gaining momentum.

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