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Zcash Falls 3.58% on Binance Over Four Hours as Daily Gain Persists

A Binance snapshot showed a 4.04% 24-hour gain; CoinGecko/exchange spot data put ZEC at $1,160.18 as of 03:12 UTC Nov. 4.

Updated 1 min read
An editorial graphic compares Zcash’s four-hour and 24-hour readings on Binance’s spot market. / EconoTimes.ai
An editorial graphic compares Zcash’s four-hour and 24-hour readings on Binance’s spot market. / EconoTimes.ai

Zcash (ZEC) fell on Binance over four hours late Nov. 3 while its 24-hour reading remained positive, showing how a short-term decline can occur during a day with an overall gain.

At 9:55 p.m. ET Nov. 3, Binance’s 24-hour ZEC/USDT indicator was still up 4.04%, even as the spot quote stood at $1,184—$44 below its level four hours earlier, a 3.58% decline.

Both readings ended at the same snapshot but covered different periods.

CoinGecko/exchange spot data put ZEC at $1,160.18, up 1.78% over 24 hours, as of 03:12 UTC Nov. 4.

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