Monero rises 8.1% to $592 as Zcash falls 3.7%, privacy coins diverge
- —XMR at $592.46, up 8.14% in 24 hours and 10.48% on the week, market cap $11.15B
- —ZEC at $1,084.23, down 3.70% on the day, 13.86% on the week and 26.99% on the month
- —Daily XMR turnover near $195M versus about $668M for Zcash
- —EU Regulation 2024/1624 Article 79 restricts anonymising assets from July 10, 2027
Why it matters: The divergence is a story about market mechanics, not protocol quality: shrinking EU access to XMR will amplify volatility and widen spreads.
Source: CryptoTicker