ZEC has retraced over 20% from its peak, and the probability of "Will Zcash reach $1000 by December 31?" on Polymarket has dropped to 36%
The privacy coin ZEC rose above $750 on Friday before briefly pulling back to $488, currently reported at $550. Following BitMEX co-founder Arthur Hayes' call, despite ZEC having retraced over 20% from its peak, the market remains confident in its rise to $1000, with a 36% probability on Polymarket for "Will Zcash reach $1000 by December 31?".

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