Arthur Hayes and $10,000 Controversy

Arthur Hayes, BitMEX co-founder, recently made headlines with a speculated prediction on X, claiming the Zcash token ZEC would reach $10,000 as of October 26.

The statement, if verified, highlights market confidence in privacy-focused cryptocurrencies, potentially affecting trading behavior and investor interest within the broader crypto market.

Arthur Hayes and the Zcash $10K Speculation

PANews reported on October 26 that BitMEX co-founder Arthur Hayes speculated on Zcash jumping to $10,000. The Zcash project, known for its privacy features, experienced increased attention. Despite the fervor, the announcement remains unverified by primary sources.

Zcash’s market is currently stable, although the alleged price target has prompted conversations. Zcash has a market value of <$5 billion, contrary to the rumored valuation. These discussions have led to speculative trading, though there’s no substantial backing for the claim.

Industry responses have been mixed, with some questioning the legitimacy of the rumors. Prominent figures had not validated Hayes’s claims, and Zcash’s official channels report no updates. While lacking verification, the speculations continue bolstering market debates.

Arthur Hayes, Co-founder of BitMEX, – “I foresee Bitcoin hitting $250,000 by the end of 2025.”

Current Market Status and Historical Analysis

Did you know? Amidst the speculation, Zcash’s market cap remains <$5 billion, showing a significant gap from the rumored $10,000 target, reflecting historical volatility but lacking current institutional backing.

As of October 26, 2025, Zcash (ZEC) is valued at $332.37, with a market cap of $5.41 billion, representing 0.14% market dominance, according to CoinMarketCap. The trading volume surged by 102.76% in the past 24 hours, highlighting ongoing speculative interest.

Coincu research suggests that while Zcash’s privacy features hold potential, verified price uptakes require regulatory clarity and technological advances. Historically, Zcash has shown price volatility aligning with privacy demands. Current trends hint at cautious optimism without speculative exuberance. Altcoins shine amidst these dynamic discussions, showcasing resilience in varied market conditions.