Bitcoin News Update: Zcash Sets Sights on Surpassing Litecoin’s Market Cap as Altseason Accelerates
- Zcash (ZEC) surged 1,000% in two months, surpassing Monero and Shiba Inu to rank 21st on CoinMarketCap. - Arthur Hayes, BitMEX co-founder, predicts ZEC could hit $10,000 by 2025 due to fixed supply and institutional adoption. - Grayscale's Zcash Trust and Hyperliquid's futures listing boost optimism, signaling institutional interest. - Bitcoin's price remains above key support, but ETF outflows highlight shifting risk appetite toward smaller-cap assets like ZEC. - Zcash aims to surpass Litecoin's $7.17B
Over the past two months, Zcash (ZEC) has skyrocketed by 1,000%, reaching $383 per token and overtaking both Monero (XMR) and
Arthur Hayes, BitMEX’s co-founder, has fueled the bullish outlook by forecasting that ZEC could hit $10,000 per coin during the expected 2025 altseason, according to
Meanwhile, the overall cryptocurrency market is showing mixed signals. As of October 30, 2025, Bitcoin (BTC) hovered around $110,000, but ETFs tracking the asset experienced $488 million in withdrawals, primarily from BlackRock’s IBIT ETF, according to
Institutional involvement in Bitcoin has also climbed. Hyperscale Data, a publicly traded company with Bitcoin on its balance sheet, saw its Bitcoin holdings jump 30% in a week to $68.8 million, making up half of its market cap, according to
Zcash’s next major competitor is
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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