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Divergence01CRYPTO2026-05-19

Zcash gains 62.7% in 30 days while Bitcoin is flat — a 62-point gap

  • Zcash (ZEC) surged 62.7% over 30 days to close at $535.41 on 17 May, while Bitcoin gained just 0.4% over the same period
  • The gap between the two assets' 30-day returns is 62.3 percentage points — the widest cross-asset divergence in the tracked dataset over that window
  • ZEC's average daily volume doubled during the surge (3.76M vs a prior 90-day baseline of 1.65M), confirming genuine buying interest rather than a thin-market artefact

Supporting queries

To surface this insight, Baselight ran 7 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

ZEC close: $328.99 (17 Apr) → $535.41 (17 May) = +62.7%; BTC close: $77,105.68 (17 Apr) → $77,418.30 (17 May) = +0.4%; divergence = 62.3 ppt. ZEC 90-day return = +82.2% (from $293.80 in mid-Feb). Volume during surge (May 4–17 avg): 3.76M vs prior 90-day avg 1.65M = 2.3× increase. ZEC 90-day range: low $192.48 (intraday), high $638.99.

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