As Bitcoin's price rebounded above $75,000, it sparked a broader rotation toward risk appetite, with AI and privacy-related altcoins surging in tandem. Zcash rose 17.9%, while AI tokens such as Virtuals Protocol and Near Protocol gained 3.8%. Analysts point out that capital is flowing into sectors perceived to have utility value, such as AI infrastructure requiring settlement layers and on-chain privacy, rather than speculative concepts. Bitcoin's market cap dominance falling below 59% also confirms this shift, with catalysts including a new wave of AI enthusiasm and institutional ETF inflows. However, some analysts warn that spot trading volumes are declining and buying pressure persists.