Privacy-focused cryptocurrencies recorded broad declines over the past seven days, with most major tokens posting double-digit losses amid continued weakness across the wider crypto market.
According to data from CryptoRank and CoinMarketCap, the privacy coin sector underperformed Bitcoin and several large-cap altcoins during the past week, as selling pressure intensified across assets linked to anonymity and transaction privacy.
Monero leads weekly losses
Monero [XMR], the largest privacy coin by market capitalization, saw the steepest decline among major tokens.
XMR fell by approximately 28% over the past seven days, trading around $508 at the time of writing. Despite a modest intraday bounce, weekly performance remains decisively negative.
Source: CryptoRank
Monero’s market capitalization stood at roughly $9.35 billion, with 24-hour trading volume near $143 million, reflecting sustained distribution rather than a brief volatility spike.
Dash, Decred and Zcash also under pressure
Dash [DASH] posted a 17–21% weekly decline, trading near $64, while Decred [DCR] fell roughly 21% over the same period, trading around $20. Both assets showed limited recovery attempts, with their seven-day charts continuing to trend lower.
Zcash [ZEC] recorded a comparatively small but still significant 13% drop over seven days, trading near $365. While ZEC showed short-term resilience relative to peers, the broader weekly trend remained bearish.
Smaller privacy tokens follow broader downtrend
Mid- and lower-cap privacy assets also reflected the sector-wide weakness. Horizen [ZEN] declined close to 18%, while Zano [ZANO] fell by approximately 11% over the past week.
Source: CoinGecko
Beldex [BDX] was one of the few relative outperformers, limiting losses to around 4% over seven days.
Across the board, short-term rebounds failed to offset sustained weekly declines, suggesting that selling pressure remained dominant throughout the sector.
Sector-wide weakness mirrors risk-off conditions
The synchronized decline across privacy coins suggests a broad risk-off environment rather than asset-specific catalysts.
While daily price movements showed occasional relief rallies, seven-day performance data indicates persistent downward momentum across the privacy narrative.
With most privacy tokens now trading well below recent local highs, the sector’s near-term direction appears closely tied to broader market sentiment rather than internal fundamentals.
Final Thoughts
- Privacy coins underperformed the broader crypto market this week, with most major tokens posting double-digit losses.
- Seven-day data shows sustained selling pressure across the sector, with limited signs of trend reversal so far.
Source: https://ambcrypto.com/privacy-coins-slide-sharply-as-sector-posts-double-digit-weekly-losses/
