{"id":53697,"date":"2025-11-17T10:23:34","date_gmt":"2025-11-17T03:23:34","guid":{"rendered":"https:\/\/hbbgroup.net\/the-bitcoin-vs-zcash-debate-intensifies-as-zec-reclaims-700-level\/"},"modified":"2025-11-17T10:23:34","modified_gmt":"2025-11-17T03:23:34","slug":"the-bitcoin-vs-zcash-debate-intensifies-as-zec-reclaims-700-level","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/the-bitcoin-vs-zcash-debate-intensifies-as-zec-reclaims-700-level\/","title":{"rendered":"The Bitcoin vs Zcash debate intensifies as ZEC reclaims $700 level"},"content":{"rendered":"
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Individuals from both communities sparred over privacy, centralization, and market manipulation as ZEC continues to dominate the narrative. <\/p>\n

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The debate between the Bitcoin (BTC<\/a>) and Zcash (ZEC<\/a>) communities intensified on Sunday as the price of Zcash recovered to over $700, after falling to a low of $598 on Saturday.<\/p>\n

\u201cThe \u2018Bitcoin only, everything else is a scam\u2019 crowd is going to get really twisted trying to figure out what to say about Zcash,\u201d the CEO of investment firm Bitwise, Hunter Horsley, said<\/a> in an X post, which ignited a firestorm of responses.<\/p>\n

\u201cNo, we\u2019re pretty comfortable calling this obviously coordinated pump and dump of a VC coin a scam,\u201d Bit Paine said<\/a> in response, referencing Zcash\u2019s 1,500% rally<\/a> since October.<\/p>\n

\"Cryptocurrencies,
Zcash experienced a historic price rally that began in October. Source: <\/em>TradingView<\/em><\/a><\/figcaption><\/figure>\n

Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius and a vocal Zcash supporter, agreed with Horsely and characterized<\/a> the Bitcoin community\u2019s criticism of the privacy coin as conspiracy theories.<\/p>\n

Zcash broke past eight-year highs<\/a> in October and flipped Monero (XMR<\/a>) to become the top privacy coin by market capitalization, boasting a market cap of over $11.2 billion at the time of this writing and reviving the privacy conversation<\/a> in the crypto industry.<\/p>\n

Related: <\/strong><\/em>Truth behind comeback of privacy-focused protocol Zcash in 2025<\/strong><\/em><\/a><\/p>\n

Zcash rally revives conversation around privacy, as industry executives rally around it<\/h2>\n

Zcash is ranked as the 12th largest crypto by market capitalization, according to CoinMarketCap, close to breaking into the top 10<\/a> by unseating the Cardano network\u2019s native token ADA (ADA<\/a>), which has a market cap of over $17 billion at the time of this writing.<\/p>\n

In November, Arthur Hayes, founder of the BitMEX crypto exchange, said that Zcash is now the second-biggest liquid investment held by Maelstrom<\/a>, his family office, with BTC being the biggest liquid asset owned by the fund.<\/p>\n