Privacy coins Monero, Dash, and Dusk surged over 120%, defying the trend and challenging the market decline

Source: PortaldoBitcoin Original Title: Privacy cryptocurrencies Monero, Dash, and Dusk rise up to 120% and challenge the crypto market decline Original Link: Privacy-focused cryptocurrencies, including Monero and Dash, surged on Monday despite the widespread decline in the crypto market, which liquidated nearly US$ 1 billion in positions.

In the last 24 hours, while Bitcoin fell 2.3% and most altcoins declined between 3% and 10%, Dash and Monero increased by 1.9% and 8.3%, respectively. The privacy-focused cryptocurrency category has gained 4% today and 13.1% this week.

Dash is priced at US$ 81.61, with a 119% increase over the past week. Monero reached a new all-time high and is trading around US$ 644. The privacy-focused cryptocurrency DUSK surged over 118% in the last day and 354% in the past week.

Catalysts for the appreciation

The recent rise in privacy tokens “reflects a combination of short-term catalysts and a deeper shift in investor narrative,” according to industry experts. The appreciation was amplified after signals of large amounts of Bitcoin and Litecoin being stolen and converted into Monero, “which boosted volumes in a relatively small market and helped push prices to new highs.”

Repositioning of privacy

In addition to short-term triggers, a “broader reassessment is occurring across the privacy sector,” mainly driven by “intensification of global regulations, increased on-chain surveillance, and compliance requirements.” The low correlation with Bitcoin is another positive point for investors.

“Privacy-focused cryptocurrencies tend to move counter-cyclically during periods of great uncertainty,” highlighting the ongoing threat of a resurgence in trade war tensions. “Recent gains reflect a defensive stance, not excessive speculation.”

“The institutionalization of cryptocurrencies has made public blockchains more traceable, not less, creating demand for optional privacy,” which reinforces the main reason why the privacy narrative remains strong.

Current macroeconomic and geopolitical conditions, along with pressure for greater regulatory control and data surveillance, have transformed privacy from a niche ideology into a legitimate risk management resource.

The exception to the rise of privacy-focused cryptocurrencies was Zcash, which fell 6.8% today and 6% this week, following recent turbulence at the company responsible for the project.