Nov 16, 2025
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Privacy Coins Market Cap Reaches $36 Billion Amid Trump Scandal Concerns
The relief rally from the US government shutdown was overshadowed by controversies involving President Trump and the Epstein case. This uncertainty has led to increased interest in privacy coins, which surged over the weekend.
Privacy Coins Surge Amid Political Uncertainty
- Privacy-focused cryptocurrencies gained momentum as traders hedge against potential political fallout from the Epstein investigation linked to President Trump.
- Kalshi prediction markets indicate a 93% probability of a congressional vote compelling the release of sealed files, with over $1 million in trading volume noted.
- Total crypto market remained stable at $3.25 trillion, while privacy coins rose by 8% to $36.2 billion on Sunday.
- Zcash, Dash, and Firo saw respective gains of 7.5%, 13%, and 22%, with significant search interest from traders.
- Institutional activity is expected to increase, with Grayscale’s Zcash Trust reporting $228 million AUM.
