Privacy Coins Slip Amid Broader Crypto Market Recovery
Yahoo Finance·2026-01-05 21:04

Privacy-focused cryptos are underperforming as Bitcoin’s rally above 90,000hasignitedawaveofspeculativetrading,promptinginvestorstorotatecapitaloutofdefensiveholdings.Thesector,withatotalmarketcapitalizationexceeding90,000 has ignited a wave of speculative trading, prompting investors to rotate capital out of defensive holdings. The sector, with a total market capitalization exceeding 18.8 billion, is down 2.3% over the past 24 hours, according to CoinGecko data. Leading tokens like Midnight, Monero and Canton Network are in the red, dropping 6.4%, 1.5% and 3.3% respectively. This performance contrasts sharply with the double-digit gains seen in m ...