Privacy Coin Market Soars 80%, Driven by Demand for Financial Anonymity

Last week saw a remarkable surge in the market value of privacy-focused cryptocurrencies, with their capitalization jumping by a staggering 80% to reach $24 billion. This rally occurred despite a downturn in the broader cryptocurrency market, which experienced a decline of 3.7%. According to Cointelegraph, prominent privacy coins such as Dash and Zcash led this surge.