Techub News reports, according to NewsBTC, Arthur Hayes revealed that Zcash has become one of his largest holdings besides Bitcoin, and stated that as artificial intelligence and government agencies enhance their ability to analyze public blockchain data, the market's demand for financial privacy will increase. This privacy coin uses zk-SNARKs technology to achieve transaction privacy protection. According to The Wall Street Journal, some early Bitcoin holders are shifting their focus to such privacy alternatives due to concerns about excessive institutionalization and traceability of Bitcoin. Data shows that ZEC has surged over 30% this month, significantly outperforming Bitcoin.

ZEC-7.08%
BTC-1.73%
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