Crypto
Zcash jumps 11 percent as crypto market weakens, NU7 expectations add boost
Zcash token ZEC jumped even as the broader cryptocurrency market wobbled after the U.S. Senate failed to advance a digital asset market clarification bill. ZEC recently traded around $1,250 and its market value rose to about $21 billion. Futures trading also picked up, with $7.7 billion in 24-hour volume. The move coincided with positive developments around Zcash’s next major network upgrade, NU7, backed by holders in a vote.