Privacy Coins Rise as Broader Crypto Market Slips
Privacy-focused cryptocurrencies, including Monero and Dash, posted gains despite a broad crypto sell-off, as investors shifted toward defensive assets.
Privacy-focused cryptocurrencies, including Monero and Dash, posted gains despite a broad crypto sell-off, as investors shifted toward defensive assets.
Monero surged above $592, marking an eight-year high as investor interest in privacy-focused cryptocurrencies resurfaces amid fragmented liquidity.
Winklevoss-backed Cypherpunk Technologies purchased $28 million of Zcash, increasing its holdings to roughly 1.76% of the cryptocurrency’s circulating supply.