Crypto
Zcash down 60 percent from November peak after Cypherpunk halts additional buying
Privacy coin Zcash has fallen about 60 percent from its high in November 2025. Interest is focusing on a possible correlation between the decline and Cypherpunk Technologies, a digital asset treasury company focused on Zcash, halting additional purchases after Dec. 30. Cypherpunk rebranded last November and bought ZEC three times, ending with about 290,000 tokens, or about 1.76 percent of total supply. It is now holding the assets without further buying.