Monero costs around $592 on October 18, a good 8 percent above yesterday's level. What makes the day stand out is not the number on its own: while Monero gains, Zcash loses 3.7 percent, Dash is flat and Bitcoin and Ether slip slightly. The privacy coins that traded as one block for weeks are coming apart, and for holders in Germany more hangs on that than a single day's balance, because access to XMR at regulated venues is narrowing at the same time.
A privacy coin is a cryptocurrency that hides the sender, the recipient and the amount of a payment by default, instead of writing them openly into the blockchain as Bitcoin does. Monero has done this by default for years; Zcash offers it as an option. That technical difference is the lever European supervisors are pulling.
Monero at $592: the gap to Zcash in numbers
According to CoinGecko data, Monero stands at $592.46, up 8.14 percent within 24 hours. Over a week that is a gain of 10.48 percent, over 30 days 3.76 percent. Zcash sits at $1,084.23, 3.70 percent lower than the day before, down 13.86 percent over the week and 26.99 percent over the month. Dash, the third name the ma...
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