Zcash Reclaims $700 as Bitcoin Loyalists Question the Rally

Zcash (ZEC) surprised the crypto market this week when it climbed back to $700. Just a short while ago , the coin had fallen to $598, which made many traders think the rally was ending. Instead, Zcash reclaimed $700 and grabbed everyone’s attention.

⚡️ NEW: The Bitcoin vs Zcash debate intensifies as ZEC reclaims $700 after falling to a low of $598, sparking accusations of coordinated pumps. pic.twitter.com/b4AjoQBs59

— Cointelegraph (@Cointelegraph) November 17, 2025

This sudden rise also restarted a loud argument between Bitcoin supporters and the Zcash community. Each side believes their coin is stronger, and the price swing has made the debate much louder.

Bitcoin Supporters Think the Pump Looks Suspicious

Many Bitcoin fans do not trust the Zcash rally. They say the price jump looks forced and not natural. Some even believe that a group of investors pushed the price up on purpose to create hype.

A few popular Bitcoin voices on social media called the move a “coordinated pump.” They believe Zcash does not have strong demand and that this quick increase will not last. They warn that people may get caught in a sudden drop.

Zcash Community Says the Growth Is Real

Zcash supporters strongly disagree. They say the rise comes from growing interest in privacy coins. Zcash offers shielded transactions that hide important information, and this feature is attracting more users.

They also highlight new updates in the Zcash ecosystem, including the Zashi wallet, which makes private transactions easier. On top of that, many investors are moving ZEC into shielded pools, which shows trust in the technology.

The Zcash community believes this demand is real and not part of any dishonest strategy.

Halving and Investor Interest Add Fuel

Another key reason behind the price surge is Zcash’s upcoming halving. This event will reduce mining rewards. When fewer new coins enter the market, prices often rise. Traders are now preparing for that shift.

Some well-known investors have also shared support for Zcash. This includes figures like Arthur Hayes and Naval Ravikant. Their interest helped boost confidence among smaller investors.

Risk of a Pullback Still Remains

Even with all the excitement, some analysts warn that Zcash may fall again. The price rose very fast in a short time. Technical indicators show that ZEC may be overbought. When this happens, coins often face a correction.

Past charts also show that Zcash tends to drop sharply after big rallies. Traders are now watching closely to see if the price can hold above $700.

Privacy Coins Gain New Attention

The debate between Bitcoin and Zcash shows a bigger trend. More people are now talking about privacy in crypto. As governments increase monitoring and CBDCs become a possibility, coins like Zcash are gaining interest again.

For now, the argument of Zcash reclaiming $700 continues. Bitcoin supporters call the rally hype. Zcash fans say it shows real growth. The market will soon reveal which side is right.