Zcash surged in trading over the past 24 hours, with the price climbing 4% and pushing the cryptocurrency above the $1,000 mark. Renewed buying activity has contributed to significant pressure on short sellers, particularly those with large positions in the market. At the time of writing, Zcash (ZEC) trades at approximately $1,007.85, supported by a daily trading volume of $5.20 billion and a market capitalization of $16.99 billion. The cryptocurrency briefly touched $1,025 during this latest rally, marking another episode of sharp price volatility for ZEC as bullish sentiment gained traction.