Privacy Tokens Face Delisting Amid Regulatory Pressure
Market instability grips privacy coins Monero (XMR) and Zcash (ZEC) due to regulatory scrutiny, risking delisting from major platforms. Bitcoin's dominance rises in South Korea, echoing 2020 trends, while Solana (SOL) outperforms in altcoin trading. However, newly listed PYUSD struggles to gain traction. The impending SEC decision on Ark's Bitcoin ETF adds uncertainty, reflecting potential market volatility. Post-crash analysis uncovers concerns, including increased price slippage and excessive leverage in the futures market. Overall, privacy tokens face regulatory and liquidity challenges while Bitcoin anticipates SEC-driven turbulence.