Privacy coins decrease as Monero and Zcash suffer losses

Both Monero (XMR) and Zcash (ZEC) underperformed, with an 8% drop just in one day. The overall privacy coin market declined by 5.8%, indicating the significant impact on these leading coins.

Market sentiment is mixed, influenced by risk aversion and regulatory pressures specific to privacy coins. Monero is down nearly 20% over the week, trading at around 376 USD, while Zcash has dropped over 26%, trading at about 283 USD.

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