Key notes
- The price of Zcash surged 30% to a four-year high amid a $19 billion cryptocurrency market collapse.
- Roger Ver’s $48 million Department of Justice settlement has fueled optimism about facilitating crypto enforcement in the United States.
- Rising trade tensions between the US and China under Trump have renewed demand for politically neutral, privacy-focused cryptocurrencies like ZEC.
ZCash (ZEC) price rose 30% on Saturday, October 11, hitting a four-year high of $284, even as the broader cryptocurrency market wiped out more than $19 billion in derivatives positions within 24 hours. While Bitcoin and Ethereum fell below key technical support levels, Zcash emerged as the top gainer among the top 50 ranked assets on Saturday.
Zcash sees double-digit gains in 4 consecutive days as markets react to Trump’s tariffs on China
Zcash’s recent rise to $284 coincides with renewed geopolitical tensions after the US President Donald Trump announced A new round of tariffs on Chinese imports. Zcash, which enables privacy-resistant peer-to-peer (P2P) payments, has benefited from renewed discussions about neutral and privacy-oriented assets, as well as strategic investors looking for profitable assets amid the ensuing downturn in the cryptocurrency market.
The ZEC price rally came after a week-long buildup of leveraged short positions, which culminated in a massive short squeeze once prices broke above the $250 resistance area. This breakout led to forced covering and widespread short-term liquidations of ZEC consolidating around key resistance levels.
Short Zcash (ZEC) traders liquidate $4 million in 12 hours, as markets react to Trump’s latest tariffs on China, October 11, 2025 | Source: Coinglas
In support of this narrative, Coinglass data reveals that of the $5.75 million in ZEC liquidations over the past 24 hours, $4.01 million were short positions, while only $1.74 million came from long positions. The imbalance highlights how aggressive short bets were surprised by an unexpected breakout above $250 that sent the price of Zcash soaring into double digits for the fourth day in a row.
As panic selling slowed on Saturday, traders began taking positions for the ongoing uptrend, with the Zcash long/short ratio rebounding to 1.05 at press time, indicating that new long entries have outpaced short positions, negating the initial impact of the market turmoil caused by Trump and China.
Roger Ver settlement signals ease crypto pressure in US
Earlier this week, early Bitcoin investor and Bitcoin Cash advocate Roger Ver, often called the “Bitcoin Jesus,” was reported to have reached… Initial settlement of $48 million With the US Department of Justice to resolve criminal tax fraud charges filed in 2024.
Notably, US authorities accuse Ver, who was extradited from Spain in 2024, of hiding his Bitcoin holdings before renouncing US citizenship in 2014. The news sparks discussions about the privacy-resistant and anonymity features of assets like Zcash.
The timely combination of the 4-year rally, Trump’s trade policies, and Roger Ver’s settlement makes Zcash an attractive hedge against current political uncertainty and market risk.
Zcash Price Prediction: Will Zcash (ZEC) Price Cross $300?
At press time, ZEC is trading at around $265, down 14% from its intraday peak of $284, but still up 18% on the day. Technical indicators indicate that there is room for further upside if certain conditions persist.
First, the Relative Strength Index (RSI) is above 68, entering overbought territory but still sloping upward, reflecting continued upward pressure, even at current prices.
Zcash (ZEC) price forecast | TradingView
The MACD indicator also maintains a wide positive divergence, confirming strong momentum, while the Parabolic SAR points also flipped below the intraday price candles.
If ZEC settles above the $250 breakout zone, the bulls may target the $320 level highlighted by the falling wedge pattern on the 3-day chart. However, a drop below $235 would invalidate the bullish theory and perhaps a drop to the $190 support level.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to provide accurate and timely information but should not be considered financial or investment advice. Since market conditions can change rapidly, we encourage you to verify the information yourself and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is an experienced research analyst with a background in supporting several startups and financial institutions in the Web3 space. He has his undergraduate degree in Economics and is currently studying for a Masters in Blockchain and Distributed Ledger Technologies at the University of Malta.
The post Trump, China, and Bitcoin Jesus, Roger Ver Driving Zcash (ZEC) Price Rally to 4-Year Peak first appeared on Investorempires.com.
