---
title: "Zcash Slips Below $1,100 Following 10.5% Daily Decline"
description: "ZEC dropped below the $1,100 threshold alongside broader privacy token losses, extending a retreat from its late-September peak above $1,600."
url: https://basisdesk.news/news/zcash-falls-below-1100-daily-loss
published: 2026-11-10T16:27:00.830Z
modified: 2026-11-10T16:27:00.830Z
section: Altcoins
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: bearish
tickers: [ZEC, XMR, BTC, ETH]
tags: [zcash, monero, privacy-coins, markets]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# Zcash Slips Below $1,100 Following 10.5% Daily Decline

ZEC dropped below the $1,100 threshold alongside broader privacy token losses, extending a retreat from its late-September peak above $1,600.

## At a glance

- **What happened:** Zcash fell below $1,100 following a 10.5% daily decline on Nov. 10, accompanied by a 9.2% decrease in Monero.
- **Why it matters:** The drop extends Zcash's decline to about 31.5% beneath its late-September level above $1,600.
- **Who is affected:** Zcash and Monero holders and privacy coin traders.
- **What's next:** No next step announced.
- **Primary source:** [Zcash Falls Below $1,100 as Daily Loss Reaches 10.5%](https://thedefiant.io/news/markets/zcash-falls-below-1-100-as-daily-loss-reaches-10-5) — thedefiant.io

## Key points

- Zcash fell below the $1,100 level as its single-day decline reached 10.5% on Nov. 10.
- Monero also sank 9.2%, while Bitcoin and Ether recorded comparatively smaller declines.
- ZEC trades roughly 31.5% beneath its late-September high above $1,600.

## Editorial remark

- **Context:** Zcash had previously rallied above $1,600 in late September, bolstered in part by 21Shares launching a European exchange-traded product tracking the asset.
- **Impact:** Holders of privacy-focused assets including Zcash and Monero saw notable single-day depreciations outstripping wider market benchmarks.
- **Watch:** Market participants are monitoring whether privacy assets stabilize after falling over 30% from their late-September highs.

Privacy-focused token $ZEC declined below $1,100 as its daily losses reached 10.5% on Nov. 10 [1]. The downward move coincided with broader selling across privacy-oriented digital assets, with $XMR sinking 9.2% over the same trading session [1].

Broader market bellwethers also softened during the downturn, though they registered smaller pullbacks compared to the privacy coin segment [1]. By comparison, $BTC and $ETH recorded narrower declines during the session [1]. At the time of writing, $ZEC was trading at $1,092, representing a 9.8% decline over the previous 24 hours, while $BTC changed hands around $73,137 and $ETH hovered near $2,025.

## Extended Retreat From September Highs

Following the drop, $ZEC traded approximately 31.5% below its late-September level above $1,600 [1]. That prior climb to above $1,600 followed the introduction of a European exchange-traded product by 21Shares [1].

Broader macroeconomic jitters and altcoin retrenchment have recently pressured crypto markets, echoing trends seen when [Bitcoin dropped below $82,000](https://basisdesk.news/news/bitcoin-slides-below-82k-tesla-earnings-kospi-drop). No subsequent protocol updates or formal organizational statements were announced regarding the price movements [1].

## Sources

1. [Zcash Falls Below $1,100 as Daily Loss Reaches 10.5%](https://thedefiant.io/news/markets/zcash-falls-below-1-100-as-daily-loss-reaches-10-5) — thedefiant.io, 2026-11-10

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai