The sixth-place contender, mimblewimblecoin (MWC), slipped 2.8% in the past 24 hours and 3.2% for the week. Horizen (ZEN) declined 11% against the greenback on Tuesday, yet compared with seven days ago, ZEN is still up a slim half-percentage point. The privacy token zano (ZANO) fell 7% over the past day and logged an additional 19.7% loss over the week. Meanwhile, verge (XVG) slid 8% today and is down 6.2% over the same period.
FAQ Why did privacy coins drop today? Privacy coins slid as the broader crypto market pulled back, with selling pressure intensifying after last week’s elevated prices. Which privacy coins fell the most? Monero, Dusk, and Pirate Chain posted the steepest losses during Tuesday’s trading session. Did any privacy coins hold up better? A few tokens like Dash and Decred remain higher on a seven-day basis despite daily declines. Is the privacy coin sell-off linked to bitcoin? Yes, the downturn tracked bitcoin and ethereum’s dip, amplifying losses across the privacy-focused segment.Privacy Coins Take a Beating as Bitcoin’s Slide Hits the Sector Hard
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