Market Pulse
Masternode Count:
The sharp change in market conditions appears to have taken a toll on PIVX masternodes. The number of active PIVX Masternodes saw a steep decline this week, falling from 2,011 to 1,849.
This decrease comes amidst a significant downturn across the broader crypto market, with many top-tier assets recording double-digit losses.
Price Check:
Echoing the bearish sentiment that swept across the broader crypto market, PIVX’s price action experienced a significant pullback this week. It is worth mentioning that the Crypto Fear and Greed Index has slid to 32, suggesting growing fears in the crypto space.
PIVX recorded a 15% loss over the last seven days, with the Daily USD Value fluctuating between $0.12 and $0.14. This sustained downward pressure caused the weekly average price to drop to $0.1273, a decrease from the previous week’s average of $0.1411.
Trading Buzz:
Surprisingly, PIVX’s weekly trading volume settled at a solid $21.4 million, down from last week’s $36 million. The daily trading volume remained consistently robust, holding well above the $2 million mark. This demonstrates a steady and healthy trading floor.
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