Crypto Market Slides as ZEC Breaks $500 and Bitcoin Cash Falls 2.8%

Zcash (ZEC) slipped below the $500 level after losing the $520 support zone. Analyst Ardi noted that the drop matched his earlier downside scenario and highlighted the $470‑$480 liquidity zone as the next critical support point, saying, “Bulls need to defend the $470‑$480 area to prevent a deeper drawdown.”

Bitcoin Cash (BCH) fell 2.82% to $212.08, extending a weekly decline of 4.97%. The cryptocurrency’s market capitalization sits around $4.24 billion, with 24‑hour trading volume of about $101.96 million. The continued price pressure suggests short‑term seller dominance, and analysts will watch volume trends for signs of a potential rebound.