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How high can this ZEC rally go? Arthur Hayes answers
May 6, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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AI Overview
Zcash (ZEC) rallied 36% in 24 hours to $587, showing strong short-term token performance and market momentum. Arthur Hayes, BitMEX co-founder, publicly backed ZEC, a signal that could boost adoption and speculative inflows in crypto markets. Rapid 36% move increases volatility and liquidity risk; monitor on-chain metrics and exchange order books for potential reversal.
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Arthur Hayes, co-founder of BitMEX has jumped on the Zcash (ZEC) bandwagon, as the token is in the middle of a 36% rally in the past 24 hours to trade at $587.
