Privacy Coins Surge Amid Market Downturn: ZEC, DASH, and ICP Hit New Highs

Recent market volatility has seen a shift in investor sentiment, with privacy coins like Zcash (ZEC), Dash (DASH), and Internet Computer Protocol (ICP) experiencing notable price increases. These gains stand out as major cryptocurrencies decline, raising the question: what’s driving this upside momentum? Analysts attribute these moves to three key factors: a rotation towards uncorrelated assets, technical inflections, and positive relative strength feedback loops.