Here's Why Privacy Coins Monero, Zcash, and Secret Are Soaring Today

It's been another volatility-filled day in the world of cryptocurrencies. With most tokens seeing positive price action today, there are pockets of the crypto market that are outperforming their peers. One such space crypto investors have their eye on today is privacy coins.

As of 11 a.m. ET, Monero (CRYPTO: XMR), Zcash (CRYPTO: ZEC), and Secret (CRYPTO: SCRT) rocketed 15.9%, 11.7%, and 16.2%, respectively, over the past 24 hours.

Privacy coins have been outperformers over the past two trading days, as crypto investors price in the effects of impending crypto regulation. An executive order was officially signed by President Biden today to push various agencies to assess the risks and potential opportunities within the crypto space.

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Source Fool.com