Privacy Coins Gain Amid BTC Weakness -- Market Talk
Dow Jones
Jun 03
1052 ET - It's been a tough week for bitcoin and the cryptocurrency complex in general, but that's not the case for all forms of crypto. Privacy coins Zcash and Monero are up, with Zcash rising 1.6% to $619.36, while Monero climbs 7.2% to $349.18, according to data from LSEG. The continued appetite for digital assets that better protect privacy than assets like bitcoin that use a public ledger appears to be supporting these coins while bitcoin ETF outflows pick up. CoinGlass data shows that yesterday, these ETFs had an outflow of $519.1 million, up from $483.8 million the prior day. Bitcoin is down 1% to $66,837, and ethereum falls 2.5% to $1,857. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
June 03, 2026 10:52 ET (14:52 GMT)
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