Privacy coins slide sharply as sector posts double-digit weekly losses
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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…
Filed under: News - @ January 22, 2026 9:26 pm