Crypto investors flee visibility for anonymity as privacy coins surge 80%

Privacy Coins Post Double-Digit Gains, Defying Market Slump

Analysts say privacy tokens are rallying as investors seek anonymity from increasing Bitcoin scrutiny, with Dash seeing record whale accumulation.

Privacy Coins Surge 80%, Crypto Investors Seek Privacy, Encrypted Bitcoin - Invest In Crypto News

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Privacy Coins Surge 80%, Crypto Investors Seek Privacy, Encrypted Bitcoin

Investor demand for financial privacy is fueling a rally in privacy-preserving cryptocurrencies, signaling renewed interest in self-sovereign blockchain transactions. The market capitalization of privacy-preserving cryptocurrencies rose by about 80% over the past week to briefly surpass $24 billion earlier on Monday before retracing 2.9% to $23.7 billion at the time of writing, according to data aggregator CoinGecko. Dash (DASH) and Zcash (ZEC) …

Privacy Coins Rally 80 Percent as Investors Prioritize Financial Anonymity

Privacy-preserving cryptocurrencies posted exceptional gains last week, with market capitalization climbing approximately 80 percent to reach 24 billion dollars. According to Cointelegraph, the sector briefly surpassed this milestone on Monday before retracing to 23.7 billion dollars. The rally occurred despite the broader cryptocurrency market declining 3.7 percent during the same period.Dash and Zcash emerged as top performers among privacy co…

Crypto investors flee visibility for anonymity as privacy coins surge 80%

Investor demand for financial privacy-preserving cryptocurrencies is on the rise, as privacy coins are outperforming the wider crypto market amid growing demand for “encrypted” Bitcoin.