Heightened Anonymity and Privacy made Monero blockchain’s XMR cryptocurrency a real threat for the Bitcoin ecosystem as transactions could be traced to original users in the Monero ecosystem.
Historically, it has been witnessed that Monero rallies only while Bitcoin consolidates and takes a dip. As such, the retracement of Bitcoin from $66,500 to $63,000 has worked in favor of XMR enthusiasts.
Monero Price Analysis
Price action being stagnant has killed the hopes of new investors….