The crypto pullback has wiped out earlier advances, yet privacy coins—Monero, Zcash—have leapt 80% amid renewed focus on digital anonymity. Staking yields hover at 5%, and Trump’s vocal Bitcoin endorsement appears to kindle broader recovery. For Britain, a nation priding itself on financial innovation from the City to Cambridge clusters, this moment quietly reveals a societal tension: enthusiasm for tech frontiers tempered by an ingrained scepticism of speculative excess, a cultural inheritance from tulip mania to 2008.














