Why is Zcash rallying 16% as the crypto market sells off: can ZEC hit $1,750?

Zcash ($ZEC) gained approximately 16% over 24 hours, outperforming a sharply weaker cryptocurrency market following the CLARITY Act’s failed Senate vote and the Fed interest rate hike.

Bitcoin briefly dropped below $75,700 on Wednesday but has now reclaimed $76,500, while Ethereum is trading above $2,440.

Zcash’s resilience was accompanied by a reported 14% increase in trading volume, suggesting stronger market participation.

Rising use of shielded transactions and a bullish consolidation pattern could support a move toward $1,750, although weakening social activity introduces a potential warning signal.

Zcash outperforms wider crypto market

$ZEC has repeatedly separated from broader cryptocurrency trends during recent market downturns.

The privacy token has gained approximately 163% since the beginning of the year, placing it among the strongest-performing large cryptocurrencies.

It has also overtaken Hyperliquid’s $HYPE token by market capitalization after $HYPE declined almost 6.5% over seven days.

Zcash’s latest advance came as uncertainty surrounding US cryptocurrency regulation weighed heavily on competing assets.

The CLARITY Act failed to clear the Senate’s procedural threshold, reducing expectations that comprehensive digital-asset legislation will pass in 2026.