Bitcoin Flat as Zcash, Monero Lead Crypto Gains

Based on information published by decrypt.co, Bitcoin and Ethereum barely moved on the day, while Zcash and Monero led the largest cryptocurrencies over the last 24 hours.

The report from decrypt.co said the privacy coins outperformed the broader market during the period covered.

✦Key Takeaways

• ✓Bitcoin and Ethereum barely moved on the day.
• ✓Zcash and Monero led the largest cryptocurrencies over the last 24 hours.
• ✓The report focused on privacy coins outperforming the broader market.

✦Context

Bitcoin and Ethereum are the two largest cryptocurrencies by market value, so periods of limited movement in those assets can draw attention to other coins. Privacy-focused cryptocurrencies such as Zcash and Monero are often tracked separately because of their emphasis on transaction confidentiality.