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May 14, 2021PIVX Weekly Market Update (May 7th, 2021 - May 13th, 2021)

The crypto market across the board experienced a pullback. With that being said, PIVX held fairly strongly against the retrace of BTC/USD. Despite the average weekly volume dropping 34% compared to the prior week. The average weekly USD held relatively stable, only down 4.5% compared to last week and as a result, the average weekly marketcap also consolidated 6% compared to last week. The daily USD price spread widened a bit to $0.56, as compared to a spread of $0.34 the week prior.

The Daily Volume for PIVX ranged between $1.59M and $3.85M, with an Average Daily Volume of $2.54M.  The total volume over this same 7 day period was $18M (Figure 1).

The Daily Total Marketcap for PIVX ranged between $89M and $126M, for an Average Marketcap of $112M (Figure 1).  

The Daily USD Value for PIVX ranged between $1.45 and $2.01 with an Average USD price for the week of $1.76 (Figure 1).

The top three exchanges regarding trade volumes were:

  1. Binance (PIVX/BTC)
  2. Binance (PIVX/ETH)
  3. Finebox (PIVX/BTC)

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Bryan Doreian

Business Development, Ambassador

Serial entrepreneur and blockchain advisor (circa 2012). Founder of Wysebridge, elev3n & Vendible. Currently splits his time building infrastructure for humanity while stewarding a tiny homestead with his family in eastern Pennsylvania.

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