Crypto Privacy Coin Spikes Wildly Amid Sanctions

The biggest, most effective privacy coin was on a six-month slide until Feb. 24, when it began a steady climb, rising from around $235 to $335.

While there a lot of things that can affect the price of any cryptocurrency, it’s probably worth noting that a token designed expressly to hide crypto transactions — and keep law enforcement from tracking them across blockchains — is up more than 40% since Russia invaded Ukraine and U.S.- and European Union-led sanctions sent the aggressor’s…


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