# Boom Articoli collegati

Raoul Pal says capital rotation could be fuelling Zcash boom

Real Vision founder Raoul Pal suggests the recent surge in privacy-focused cryptocurrency Zcash (ZEC) is more likely due to capital rotation rather than the start of a sustained bull trend. While Zcash is up over 699% year-to-date, its price has declined approximately 37% in the past month. Pal states it is too early to confirm a broader uptrend and that the key signal to watch is whether the asset can establish a strong base price before moving higher again. He is not eager to buy at current levels but might consider it in a future down cycle. The token's rise follows increased institutional interest, including a Grayscale filing to convert its Zcash fund into a spot ETF, and a price surge after a prediction by Arthur Hayes that it could reach $10,000.

cointelegraph12/19 04:13