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Gate Square New & Returning Creator Rewards are ongoing!
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Bitcoin stalls below $92,000 as privacy coins rally on regulatory resistance
Source: CryptoNewsNet Original Title: Bitcoin stalls below $92,000 as privacy coins rally; crypto miners surge on Meta AI news Original Link: Bitcoin struggled to break free from its tight range on Monday, dipping below $91,000 as geopolitical trade tensions emerged. The late afternoon action followed another rangebound day for BTC, reversing twice from the $92,000 level through the day, up 0.8% over the past 24 hours. Ether hovered below $3,100, down 0.6% during the same period.
While most of the crypto market remained flat, privacy-focused tokens stole the spotlight. Monero jumped 15% to break above $600, Zcash gained 7%, and Ethereum-adjacent privacy tokens soared more than 30%. The moves came despite Dubai, a key digital asset hub, banning privacy coins from exchanges, underscoring that investors continue bidding censorship-resistant tools despite regulatory pushback.