Privacy Coins Rise 4.5%, Led by Zcash and Monero Despite Monthly Slump

Privacy coins rose 4.5% on Monday, led by Zcash (ZEC) up about 7% and Monero (XMR) up close to 7.6%, while Dash (DASH) gained 1.6% even as the sector remains down 12% on the month. The move followed a sentiment hit tied to a Zcash bug in its shielded pool, according to BeInCrypto, while on-chain activity held up better than prices across Zcash, Monero, Dash and Decred. The report said smart money is net short about $9.6 million on Zcash and $1 million on Monero, while Zcash exchange inflows hit $42.5 million over seven days.