Privacy Coins Extend Rebound While BTC Falls -- Market Talk

Dow Jones06-09 21:46

0946 ET - The turnaround seen in major cryptocurrencies Monday is short-lived, as bitcoin is now down 1.4% to $62,577. The exceptions are privacy coins, namely Zcash, which is up 1.5% to $467, according to data from LSEG. For Zcash, part of the rally stems from a recovery in selling after a potentially crippling exploit to the token's code was unearthed by AI. The token remains down 30% from highs set last month, but it's also bounced back by 57% from a low of around $300 found in the aftermath of the exploit being made public. Other privacy-based tokens like Monero and Near Protocol are also higher today. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

June 09, 2026 09:46 ET (13:46 GMT)

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