Zcash Climbs 2.23% in One Hour to $1,260 on Binance Spot

Zcash (ZEC) rose 2.23% in the hour to 11:50 a.m. ET Thursday, reaching $1,260 on Binance's ZEC/USDT spot market. The comparison spans Binance spot ZEC/USDT quotes, with the price moving from $1,232 at 10:50 a.m. ET to $1,260 one hour later. That yielded a 2.23% increase, keeping the exchange and trading pair constant for the hourly comparison. The short-term rise came while ZEC remained down 4.84% over the preceding 24-hour period. Its market capitalization stood at about $21.63103 billion, placing Zcash 10th among crypto assets by market value.