in crypto news never acted as price stimulus by themselves without whales/mm’s (pre)pump.
current price action of zcash and all other major altcoins is just a noise. all of the major altcoins, except some of this season’s fresh vaporware are in price/low discovery mode with slight artificial support. some major support walls were spotted for eth, but that’s all.
from sceptical point of view - mm’s abandoned zcash since june, after poor market reaction. and accorging to recent changes in market - it could be last pump for zcash ever.
from neutral point of view - its essential accumulation for current state of market, and sooner or later bulls will jump in.