Privacy Is the Only Crypto Sector Trading Above Bitcoin’s October Peak

Quick Take 1. Privacy is the only crypto sector trading above its level at Bitcoin’s October 2025 all-time high, up 213% per Glassnode data, while Bitcoin itself sits 36% below that peak. 2.

The sector’s market capitalization has grown from $7.1 billion a year ago to $33.6 billion, with nearly half of that added in the past 30 days. 3.

Concentration is the caveat: Zcash accounts for most of the gain, and Monero at $505.68 is roughly flat on the week while ZEC ran 47%. More than 335 days after Bitcoin’s October 2025 peak, one crypto sector is trading above where it stood at the top.

Privacy coins are up 213% since that high, according to Glassnode data, while every other category remains below it, ranging from DeFi at 27% lower to gaming at 74% lower. Bitcoin is 36% below its own record and the median top-200 asset is down 58%.