Privacy Coin market analysis: Strong rebound in the last two days, is the demand for privacy rising again?

In the past two days (November 1-2), the Privacy Coin sector has been exceptionally hot, with the market capitalization soaring by 9.3% to reach $24.8 billion, far exceeding the weak performance of the overall market. Zcash (ZEC) led the surge, increasing by 15.7%-26.2% within 24 hours, with prices breaking the $400 mark and a market capitalization exceeding $7.1 billion, along with a significant spike in trading volume.
Dash (DASH) is stronger, with an increase of over 26.5% and even 50%, returning to around $89.
Monero (XMR) is steadily following up, rising over 10%, while small coins like Beam and Grin are also showing gains.
Driving factors? Under regulatory pressure, users' demands for trading privacy have surged, with ZEC/DASH standing out due to the advantages of zk-SNARKs technology. However, short-term volatility is high, and caution is needed for a rebound.
Outlook: If Bitcoin stabilizes, Privacy Coins may continue to reach new highs. Position in ZEC/DASH, pay attention to XMR support level.
$ETH $GT $ZEC #比特币行情分析 #抄底币种推荐 #加密市场观察 #今日你看涨还是看跌？