Crypto Market Gains Momentum: Zcash Climbs to $400, Investment Funds Record Inflows

Privacy Coin Zcash Approaches Key Milestone

Zcash (ZEC) presents itself at the beginning of the week as the clear winner in the crypto market. The privacy-focused coin gained over 16 percent in the last 24 hours and is currently trading at $397.26 – just below the psychologically important $400 mark ^[1]. With this, the cryptocurrency continues its remarkable recovery of recent weeks.

The comeback of privacy coins has apparently sparked new discussions about data protection in the blockchain sector. The U.S. Securities and Exchange Commission has invited Zcash founder Zooko Wilcox to a hearing, where a reassessment of privacy-driven blockchain protocols has been indicated ^[1].

Technical Analysis Signals Further Potential

Over the last 24 hours, the price moved between $341.26 and $398.38. The market capitalization stands at approximately $6.46 billion ^[1]. The estimated RSI is around 67.5 and signals above-average buying momentum without extreme overheating ^[1].

In the short term, the outlook for Zcash remains bullish as long as the price holds above the EMA-20 at $356.02. Important resistance levels lie at $398.38 and approximately $409.32. A stable breakout above $409.32 would unlock further upside potential ^[1].

Crypto Investment Funds Record Sustained Inflows

Cryptocurrency-based investment products continued their positive trend and recorded inflows for the second consecutive week. Crypto ETPs (Exchange Traded Products) attracted $716 million in the past week, after $1 billion had already flowed in the previous week ^[2].

Bitcoin led the inflows with $352 million, followed by XRP funds with $244 million ^[2]. Particularly noteworthy: Chainlink recorded a record inflow of $52.8 million, which corresponds to 54 percent of its assets under management ^[2]. Ethereum funds saw moderate inflows of $39 million ^[2].

Regional Differences in Capital Flows

Geographically, nearly all regions recorded inflows. The United States led with $483 million, followed by Germany with $97 million and Canada with $80.7 million ^[2]. Sweden was the exception with outflows of $5.6 million and leads with year-to-date outflows of $836 million in global losses ^[2].

Among providers, ProShares led inflows with $210 million, while BlackRock, despite its position as the largest provider by assets under management, recorded outflows of $105 million ^[2].

Bitcoin in Volatile Consolidation Phase

Bitcoin continues to move through a volatile phase. Following a decline to nearly $87,000, it managed to close the week around the $90,000 mark ^[3]. Analysts view the area around $84,000 as an important support zone that bulls must defend ^[3].

Focus this week is on the Federal Open Market Committee (FOMC) meeting on Wednesday, where a 0.25 percent interest rate cut is expected ^[3]. Open positions in Bitcoin derivatives have fallen to their lowest level since April, which according to analysts suggests apathy and could historically mark attractive buying opportunities ^[3].

Lessons for 2026

Experts emphasize that despite Bitcoin's all-time high, 2025 proved disappointing for many investors. The crypto market showed weakness compared to stocks and gold ^[4]. For 2026, analysts recommend increased diversification and a sober approach to investing, as the vision of an endless bull market has given way to reality ^[4].