Zcash (ZEC) jumped nearly 30% in 24 hours, climbing from $272 to a peak of $355 after a tweet from Arthur Hayes predicting it would reach $10,000. The post triggered an immediate surge in trading volume and a massive reaction among retail traders.
Over the past week, ZEC has gained more than 40%, leading the rise among the top 50 cryptocurrencies by market capitalization. According to CoinMarketCap, its market value surpassed $5 billion after rallying nearly 500% in the last 30 days.
Hayes, co-founder and former CEO of BitMEX, remains a figure capable of directly moving markets. In August 2025, one of his predictions about the HYPE token sparked a similar short-term rally.
ZEC’s technical indicators remain bullish, projecting a 52% increase to around $558 by late November. However, the Fear & Greed Index sits at 51, indicating a neutral sentiment. Analysts warn that the rally could reverse if liquidity tightens or profit-taking intensifies.
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