Privacy Coins Rally as the Rest of Crypto Bleeds

[mendez]

While the crypto market has erased over $1 trillion in value in six weeks, privacy tokens are breaking away from the downtrend. Zcash (ZEC) has surged several hundred percent since late summer, briefly overtaking Monero as the largest privacy coin by market cap. On Coinbase, ZEC even topped Bitcoin and XRP in search interest — a sign that retail traders are piling into one of the most volatile corners of the market just as regulatory pressure on anonymity tools intensifies.

[Abdul Khan]

Flight to privacy assets often signals rising distrust in broader markets.

[Rimon Khan]

When risk intensifies, privacy coins tend to act as alternative hedges.