Markets

Zcash Leads Privacy Coin Surge Amid Surveillance Fears

Zcash (ZEC) has climbed 48% over the past week, leading a sector-wide privacy coin rally as investors pile into privacy-focused assets amid mounting surveillance concerns. The surge pushed Zcash to a high of over $268 Friday morning, its highest level since April 2022, though it remains 93% below its 2016 all-time high of nearly $3,200. At time of publication, Zcash is trading at around $230, up 19% in the past 24 hours, per CoinGecko data. The rally has extended across the privacy coin sector,...