Key Notes
- The price of Zcash surged 30% to a four-year high amid a $19 billion crypto market crash.
- Roger Ver’s $48 million DOJ settlement has fueled optimism about easing crypto enforcement in the United States.
- Growing trade tensions between the United States and China under Trump have renewed demand for politically neutral, privacy-focused cryptocurrencies like ZEC.
The price of Zcash (ZEC) surged 30% on Saturday, Oct. 11, hitting a four-year high of $284, even as the broader crypto market wiped out more than $19 billion in derivatives positions in 24 hours. As Bitcoin and Ethereum plunged below key technical supports, Zcash emerged as the biggest gainer among the top 50 ranked assets on Saturday.
Zcash posts double-digit gains in 4 straight days as markets react to Trump’s China tariffs
Zcash’s latest rise to $284 coincides with renewed geopolitical tension after US President Donald Trump announced a new round of tariffs on Chinese imports. Zcash, which enables privacy-friendly peer-to-peer (P2P) payments, has benefited from renewed discussions around neutral and privacy-focused assets, as well as the presence of strategic investors seeking profitable assets amid the ensuing crypto market downturn.
ZEC’s price rally came after a week-long accumulation of leveraged short positions, which culminated in a massive short squeeze once prices broke the $250 resistance zone. This breakout triggered forced covering and large-scale short liquidations of ZEC clustered around key resistance levels.
Zcash (ZEC) Shorts $4 Million Liquidations in 12 Hours as Markets React to Trump’s Latest Tariffs on China, October 11, 2025 | Source: Coinglass
Supporting 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, caught off guard by the unexpected breakout above $250, propelled Zcash’s price rise into double digits for the fourth day in a row.
As panic selling subsided on Saturday, traders began to position themselves for continued upside, with Zcash’s Long/Short ratio rising back to 1.05 at press time, indicating that new long entries have outpaced short positions, negating the initial impact of the Trump and China-induced market turmoil.
Roger Ver Settlement Signals Ease Crypto Pressure in US
Earlier this week, early Bitcoin investor and Bitcoin Cash advocate Roger Ver, often referred to as “Bitcoin Jesus,” reportedly reached a tentative $48 million deal with the U.S. Department of Justice to resolve criminal tax fraud charges filed in 2024.
US authorities notably accuse Ver, extradited from Spain in 2024, of hiding his Bitcoin holdings before renouncing US citizenship in 2014. The news raises discussions about the privacy-resistant and anonymity characteristics of assets like Zcash.
The timely combination of a 4-year bull run, Trump’s trade policies, and the Roger Ver settlement making the case for privacy coins makes Zcash an attractive hedge against current political uncertainty and market risks.
Zcash Price Forecast: Will Zcash (ZEC) Price Surpass $300?
At press time, ZEC is trading around $265, down 14% from its intraday high of $284, but still up 18% on the day. Technical indicators suggest room for further upside if certain conditions hold.
First, the Relative Strength Index (RSI) is sitting above 68, entering overbought territory but still sloping upward, reflecting sustained upside pressure even at current prices.
Zcash (ZEC) Price Prediction | Trading View
The MACD also maintains a broad positive divergence, confirming strong momentum, while Parabolic SAR points have also moved below intraday price candles.
If ZEC holds above the $250 breakout zone, bulls could target the $320 level highlighted by the Falling Wedge pattern on the 3-day chart. However, a decline below $235 would invalidate the bullish thesis and could potentially plunge all the way to the $190 support.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with experience supporting various Web3 startups and financial organizations. He completed his undergraduate degree in Economics and is currently studying for a Master’s degree in Blockchain and Distributed Ledger technologies at the University of Malta.
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