Crypto Market Correction Drives Altcoin Surge and Privacy Coin Demand

The cryptocurrency market experienced a downturn this week, sending Bitcoin prices down below $100,000. This correction has led to a surge in altcoins and interest in privacy-focused tokens as traders seek alternative investment opportunities. Bitcoin’s recent decline triggered heavy liquidations across major exchanges, while investor confidence waned with increased outflows from Bitcoin ETFs. Meanwhile, Solana’s spot ETFs experienced steady inflows despite overall market volatility. 20% of the market value has been lost in less than a month, but altcoins like $SOON, $ICP, $DASH, and others are seeing significant gains.