Monero avoids crypto market rout, but XMR price still risks 20% drop by June

Monero avoids crypto market rout, but XMR price still risks 20% drop by June

Monero (XMR) has shown a surprising resilience against the United States Federal Reserve’s hawkish policies that pushed the prices of most of its crypto rivals — including the top dog Bitcoin (BTC) — lower last week. 

XMR price closed the previous week 2.37% higher at $217, data from Binance shows. In comparison, BTC, which typically influences the broader crypto market, finished the week down 11.55%. The second-largest crypto, Ether (ETH), also plunged 11% in the same period.

XMR/USD…

Source link

About bitcoin

Check Also

How Does the Chart Look Wednesday?

How Does the Chart Look Wednesday?

News Home Wednesday, February 01, 2023 04:11 PM | InvestorsObserver Analysts Monero Classic receives a …

Leave a Reply

Your email address will not be published. Required fields are marked *