Zcash jumps 70% as privacy cryptos gain traction amid AI and surveillance concerns

Zcash's price surged over 70% in one week, driven by renewed investor interest in privacy-focused cryptocurrencies amid rising concerns about artificial intelligence, financial surveillance, and data tracking. Institutional investors like Multicoin Capital have increased their positions in Zcash, viewing privacy coins as tools to protect wealth against political and economic risks. This trend is reflected in other projects like Polygon, Aptos, and Dash, which are enhancing privacy features. While the rally highlights growing demand for anonymity in crypto, experts caution it may be a speculative surge rather than a fundamental market shift.