ZEC Rebounds 48% From $250 Low as Zcash Plans Ironwood Upgrade for Late July

ZEC1.01%
BTC0.94%
ETH0.88%

According to BlockBeats citing HTX data, ZEC rebounded to $370 on June 7, recovering approximately 48% from its recent low of $250 following disclosure of an infinite inflation vulnerability. Zcash plans to launch its Ironwood upgrade by the end of July, introducing new privacy pools and enhancing the verifiability of total supply.

The broader crypto market held steady with Bitcoin at $60,785 and Ethereum at $1,566. Total crypto market capitalization rose 0.6% to $2.176 trillion.

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