DASH hits a rough patch, dropping 4.3% to $38.3 as privacy coins face intensifying headwinds. The token is noticeably underperforming the broader market.

Multiple factors are weighing on DASH right now. The privacy coin sector is getting hit hard by mounting regulatory scrutiny, and DASH's CoinJoin mixing protocol isn't helping its case—competitors are viewed as having stronger privacy solutions in the current environment.

On the technical side, things look equally bearish. DASH broke below the $39.16 pivot level, a key support that was holding the line. MACD has rolled over into negative territory, and RSI is sitting at depressed levels, suggesting momentum has fully faded. This combination of regulatory pressure and technical deterioration leaves little room for near-term recovery unless sentiment shifts.