Zcash (ZEC) has experienced a significant decline, dropping 20% to $217, marking a four-month low. This downturn comes as the broader cryptocurrency market faces bearish pressure, with Bitcoin falling below $70,000 and Ethereum hitting $2,070. Zcash's recent price drop follows a period of volatility, with the privacy coin previously reaching highs above $744. The decline in Zcash is part of a broader trend affecting privacy coins, including Monero and Dash, as market sentiment turns negative. The sell-off has been exacerbated by increased sell volumes, which spiked 36% to $538 million in the past day. Despite the recent losses, Zcash has outperformed other major cryptocurrencies over the past year, with a 347% increase since January 2025. Zcash now risks falling below the critical $200 support level, with potential further declines to $173 and $125 if bearish momentum continues. The market's focus remains on regulatory scrutiny and profit-taking, which have contributed to the current downturn. As of the latest trading session, Zcash was priced around $228, reflecting the ongoing volatility in the crypto market.