Rebecca Moen
October 27, 2025 10:03
Zcash (ZEC) experienced a significant price surge following Arthur Hayes’ optimistic $10,000 price target prediction, rising over 30% in one day.
Zcash (ZEC), a prominent privacy-based cryptocurrency, has experienced an incredible price spike, rising more than 30% in a single day. According to CoinMarketCap, this price move came in the wake of a bullish forecast by BitMEX co-founder Arthur Hayes, who predicted that Zcash could reach a staggering $10,000.
Break through the market and improve reputation
Recent price movements have brought Zcash out of its consolidation phase and pushed its market cap past the $5 billion threshold for the first time. The cryptocurrency reached an intraday high of $374.74, but has since fallen slightly to $356.97, according to data from crypto.news.
Arthur Hayes’ Shocking Prophecies
Arthur Hayes’ prediction significantly fueled investor optimism and triggered a wave of buying. Hayes’ prediction that Zcash will reach $10,000 has captivated the market, spurring growing interest and speculation around the privacy coin.
Technical analysis and future goals
From a technical perspective, Zcash’s near-term upside targets include a range of $380 to $400. However, key support levels have been identified at $340 and $300, and traders and investors are likely to closely monitor market developments.
broader market conditions
This surge in Zcash’s value comes amid widespread interest in privacy-focused cryptocurrencies as concerns about data privacy and financial confidentiality continue to grow. Cryptocurrency’s unique value proposition as a privacy-centric asset makes it well-placed in the current digital asset landscape.
As the market continues to react to Hayes’ bullish outlook, Zcash’s performance will be closely monitored by both investors and market analysts looking to capitalize on potential developments in the privacy coin space.
Image source: Shutterstock
