Privacy Coins Tumble as Zcash Plunges, Monero Defies Sell-Off
Privacy coins fell on Tuesday amid a broader crypto downturn that saw bitcoin drop toward $76,000. Zcash led the decline with a 7% daily loss, which sparked a surge in long positions liquidated. Privacy Coins Drop Amid Crypto Market Downturn Privacy coins tumbled Tuesday amid a broader cryptocurrency market downturn…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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