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Paxos Standard Token bear market cycles - historical perspective of PAX bear markets
In this overview, we will show the previous bear markets of the Paxos Standard Token cryptocurrency - you will see how much PAX lost during its biggest past bear markets.
Current price and other data:
Symbol | Price change (1d) | Price (USD) | Price change (1 week) | Sentiment | Sentiment change (1d) | Sentiment change (1 week) | Tweets volume change | Trading volume change | Volatility | MarketCap |
---|---|---|---|---|---|---|---|---|---|---|
PAX | 0.99653065024225 | 1.74 | -0.01 | 0.22 | 0.28 | 0.22 | -100 | -54.8 | 0 | 942362174.00481 |
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Paxos Standard Token has experienced 2 bear markets in the past, see chart below:

What is Paxos Standard Token most negative bear market ?
Paxos Standard Token most negative bear market started on Nov 8th, 2020 and ended on Nov 15th, 2020, lasting for 7 days.
During this time, the price of Paxos Standard Token decreased from
4.4485 USD to 0.0005 USD, resulting in a return of -100.0 %.
Average compounded daily decrease of price during this period was -73.06% / day.
What is Paxos Standard Token 2nd most negative bear market ?
Paxos Standard Token 2nd most negative bear market started on Jun 15th, 2021 and ended on Jul 20th, 2021, lasting for 35 days.
During this time, the price of Paxos Standard Token decreased from
8.4942 USD to 5.1089 USD, resulting in a return of -39.9 %.
Average compounded daily decrease of price during this period was -1.44% / day.
What is Paxos Standard Token 3rd most negative bear market ?
Paxos Standard Token 3rd most negative bear market started on and ended on , lasting for days.
During this time, the price of Paxos Standard Token decreased from
0.0000 USD to 0.0000 USD, resulting in a return of 0.0 %.
Average compounded daily decrease of price during this period was / day.
Returns of previous Paxos Standard Token bear market cycles
In the following table you can see the previous PAX bear market cycles, in which period they occurred and what were the returns achieved during each bear market cycle:
Start Date | End Date | Start Price | End Price | Return (%) |
---|---|---|---|---|
2020-11-08 | 2020-11-15 | 4.4484693549804 | 0.0004578520565267 | -100.0 |
2021-06-15 | 2021-07-20 | 8.4941808127988 | 5.108899339117 | -39.9 |
Bull and bear markets of Paxos Standard Token
See Paxos Standard Token past bull and bear markets in the chart below:
For more detailed analysis of Paxos Standard Token past bull and bear markets please subscribe to one of our plans.