Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, Zcash recovers to pre-crash highs, Crypto.com CEO Kris Marszalek has urged regulators to probe exchanges after $20 billion in liquidations, and Bitcoin’s price may experience more volatility in the coming days.

The price of Zcash (ZEC) recovered to pre-crash highs and hit a new high of about $293 on Saturday, following a rapid flash crash on Friday that caused $20 billion in crypto liquidations within 24 hours.

Zcash is trading at about $293 per coin at the time of this writing, after plummeting by 45% on Friday;  the price recovery sets it apart from most of the altcoin market, which suffered double-digit losses that extended into Saturday. 

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