- Dash (DASH) has shown significant price gains despite a broad cryptocurrency market correction.
- DASH increased by 39.2% in 24 hours and 256.9% since November 2024, according to CoinGecko data.
- Demand for privacy-focused cryptocurrencies like DASH, Monero (XMR), and ZCash (ZEC) has surged recently.
- Market corrections relate to reduced expectations for interest rate cuts and economic concerns raised by Federal Reserve Chair Jerome Powell.
- Bitcoin (BTC) has fallen to $96,000, while privacy tokens largely remain in positive territory.
Dash (DASH) is experiencing notable price recovery amid a widespread downturn in the cryptocurrency market. In the last 24 hours, DASH returned 39.2%, climbing 62.3% over two weeks and 95.9% in the past month. Since November 2024, the asset’s value has surged 256.9%, nearly doubling investors’ returns, data shows on CoinGecko. Despite these gains, DASH is down 4.4% over the last week.
The increase in DASH’s price coincides with growing interest in privacy-focused cryptocurrencies. Tokens such as Monero (XMR) and Zcash (ZEC) are also recording strong rallies. This shift reflects investor preference for privacy tokens, diverging from the trend seen in mainstream cryptocurrencies.
The wider market correction has been pronounced, with Bitcoin (BTC) dropping to $96,000—a level not seen since May 2025. The decline is attributed to diminishing odds of an interest rate cut in December, coupled with warnings from Federal Reserve Chair Jerome Powell regarding economic challenges from slow growth and rising inflation. These factors have pushed investors to pull back from riskier assets like cryptocurrencies.
Privacy-centric digital currencies, including DASH, are among the few remaining in positive territory during this period. It remains uncertain whether DASH’s upward trend will continue, as Bitcoin traditionally drives overall market momentum. However, privacy tokens appear to be following a distinct path from other crypto assets.
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