Bitcoin Holds Near $92K While Privacy Coins Soar; Crypto Mining Stocks Jump on Meta AI Deal

The cryptocurrency market is experiencing a mixed session. Bitcoin (BTC) is consolidating just below the key $92,000 resistance level. Meanwhile, privacy-focused cryptocurrencies like Monero (XMR) and Zcash (ZEC) are posting significant gains, leading a notable rally in the altcoin segment. In a related development, shares of major public cryptocurrency mining companies are surging. This rally follows news that Meta Platforms has signed a significant artificial intelligence (AI) infrastructure deal with a leading mining firm, repurposing data center capacity for AI workloads. This move highlights the growing convergence between the crypto mining industry and high-demand computing sectors like AI.