Zcash and Dash Explode 80% While Crypto Market Bleeds
The market capitalization of privacy coins jumped by approximately 80% over the past week, briefly exceeding $24 billion before pulling back to $23.7 billion.
Privacy-preserving cryptocurrencies have rallied dramatically as investors prioritize financial anonymity over mainstream digital assets. The market capitalization of privacy coins jumped by approximately 80% over the past week, briefly exceeding $24 billion before pulling back to $23.7 billion.
DASH and ZEC emerged as top performers, gaining 65% and 9.55%, respectively, during the week. The privacy coin rally occurred against a backdrop of declining crypto markets, with total market capitalization dropping 3.7% from $3.96 trillion to $3.81 trillion.
Privacy coins like ZEC and…
