ZEC Rises 9% Amid Community Vote to Retain Halving
ZEC climbed approximately 9% to $1,210.39 on September 16, outperforming the broader crypto market. A community vote regarding the NU7 upgrade saw 2.4 million ZEC participate, with 98.9% of voters supporting the retention of the Bitcoin-style halving mechanism. Despite the price increase, Binance perpetual futures data indicates a bearish sentiment, with roughly 68% of accounts holding short positions.
Summaries are written by AI from the original article. Not investment advice.