The crypto assets market has recently welcomed another round of strong rises, especially with the performance of Bitcoin (BTC) being remarkable. The price of Bitcoin once approached the $120,000 mark, demonstrating a strong upward momentum. Meanwhile, other mainstream crypto assets such as Ethereum (ETH) and Binance Coin (BNB) have also reached new highs, creating an exceptionally vibrant market atmosphere.

It is worth noting that the privacy coin sector has performed particularly well in this round of market trends. Established privacy coins like ZCash (ZEC) and Dash have experienced significant rises, with ZEC being favored by Grayscale. Industry insiders believe that as users' demand for transaction privacy continues to grow, the importance of privacy coins is becoming increasingly prominent.

At the recently concluded 2049 conference, several industry leaders emphasized the importance of the anonymity of crypto assets. At the same time, emerging technologies such as Zama's FHE (Fully Homomorphic Encryption) have made breakthrough progress in enhancing transaction privacy, opening up new possibilities for privacy protection in the DeFi space.

The market size of stablecoins continues to expand, with a total market value exceeding $300 billion. It is worth mentioning that Tether has launched a new stablecoin, USAT, aimed at competing directly with the US dollar, demonstrating the ambition of stablecoin issuers.

In the face of such a hot market, investors should remain rational. Experienced traders suggest that strategies such as taking small positions to test the waters, compound accumulation, and taking profits in batches can effectively control risks. Although some analysts predict that Bitcoin may break through $135,000 in the short term, investors still need to be wary of the risks brought by market volatility.

Currently, the risk aversion sentiment triggered by the U.S. government shutdown may bring additional benefits to the crypto assets market. However, whether considering investing in privacy coins or participating in emerging public chain ecosystems, investors should make prudent decisions based on their own risk tolerance. In this market full of opportunities and challenges, it is crucial to maintain a clear mind and a rigorous investment strategy.