Market Pulse
Masternode Count:
The active masternode count has rebounded to 2,048, an increase from 1,915. This rise is likely a result of the recent price drop, which presents a timely opportunity for operators to own masternodes affordably.
Price Check:
PIVX prices finally succumbed to the negative trends in the broader crypto market, resulting in a weekly loss of nearly 40%. The asset’s Daily USD Value was highly volatile, swinging sharply between $0.20 and $0.30. The weekly average price is now $0.25, down from last week’s $0.2952.
The downturn mirrors the broader market caution, with Bitcoin falling below $100k. The 11 U.S.-listed spot Bitcoin ETFs collectively saw a significant outflow of $869.86 million on Thursday (the second-highest on record). Investors have now pulled out $2.64 billion over the last three weeks, signaling a clear shift in market sentiment.
Trading Buzz:
As expected, this week’s trading volume reflected the bearish sentiments prevailing in the broader crypto market. The total weekly volume fell to approximately $68 million, a sharp drop from last week’s $170 million. While this figure is a decline, the volume remains very healthy considering the current market downturn.
PIVX. Your Rights. Your Privacy. Your Choice.
