✉news BusinessCrypto first seen 16 h ago, last 9 h ago, peak #13
Privacy Coins Surge as Zcash Rallies 741% in a Year
Original: Santiment Names Privacy Coins a Defining Trend. Zcash Is Up 741% in a Year and Monero 77% While Bitcoin Fell 30%.
Analytics firm Santiment has identified privacy coins as a defining trend in crypto markets. Zcash is up 741% over the past year, while Monero has gained 77%, in stark contrast to Bitcoin, which has fallen about 30% over the same period. Analysts attribute the rotation to growing investor interest in financial privacy and on-chain anonymity as capital moves out of major coins into smaller, privacy-focused assets.
Why now: The dramatic outperformance of privacy coins against a falling Bitcoin has caught traders' attention.
Evidence
- Santiment Names Privacy Coins a Defining Trend. Zcash Is Up 741% in a Year and Monero 77% While Bitcoin Fell 30%. · 24/7 Wall St.
API: https://socialmediatrends-api.osmike.com/v1/trends/1264236