Zcash (ZEC) price rebounds to $291 before retracing to $273 after Friday’s 45% crash due to Trump’s tariff announcement, making it one of the few cryptos down only 5.5% from recent highs. Ether (ETH) is still down 22% from its all-time high of $4,957. ZEC rallied from $74 to $291 in October.

Trump’s social media posts crash markets as he announces a 100% tariff on all goods from China, reigniting trade war fears. China controls over 90% of rare earth minerals used in tech and defense. Trump’s actions wiped out trillions from capital markets, sparking concerns of prolonged trade war. Additional tariffs set for November 1, 2025.

Read more at Cointelegraph: Zcash Recovers to Pre-Crash High Following Crypto’s ‘Black Monday’