Zcash Jumped 49% Last Week As Privacy Coins Outperform Bitcoin and Ethereum
Zcash and Dash (CRYPTO: $DASH) outpaced bitcoin (CRYPTO: $BTC) and ether (CRYPTO: $ETH) this week as a broader relief rally in crypto spilled into privacy-focused tokens. Zcash traded around $371 on Saturday morning in New York, up 49% over the past seven days, while Dash climbed nearly 53% to about $46.
Bitcoin and eth also moved higher following President Donald Trump’s ceasefire announcement on Iran, rising more than 8% and 9%, respectively, over the same stretch.
The sharper move in privacy coins gave the rally a slightly different shape. BTC and ETH were part of the broader bounce, but the stronger catch-up in names like Zcash, Dash and Monero (CRYPTO: $XMR) suggested capital was also rotating back into one of crypto’s more cyclical categories once risk appetite improved. Monero, the original privacy coin, was up about 7% on the week.
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That rebound did not happen in a vacuum. Arthur Hayes again spoke positively about Zcash during an appearance on Anthony Pompliano’s show this week, while Binance founder Changpeng Zhao renewed concerns around the visibility of transactions on public blockchains. Those kinds of comments have repeatedly helped bring attention back to privacy-focused networks, especially when broader market conditions turn supportive.
The trade has also been building for longer than this week’s price action alone suggests. Privacy coins drew fresh interest last year after AngelList founder Naval Ravikant wrote that bitcoin is “insurance against fiat” while Zcash is “insurance against Bitcoin.” Since then, Winklevoss Capital has backed a Zcash treasury company, and Foundry Digital said in March it would launch a mining pool for the network.
For a category that often sits at the edge of the market conversation, the latest move was a reminder that privacy coins can still attract attention quickly when narrative and sentiment begin moving in the same direction.
The Zcash (CRYPTO: $ZEC) cryptocurrency is currently trading at $377.38 U.S. per digital token.
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