Monero: What XMR’s quick recovery amid broader market bearishness means

Over the weekend, the cryptocurrency market recorded over 2% decrease in its total market capitalization as most coins suffered a correction. Bitcoin traded close to its $42,000 support level after trading above the $43,000 mark for a while on Friday. Similarly on Friday, Ethereum also declined by almost 4%.

BNB also shed close to 3%. On Friday LUNA also recorded a decline of over 6.5% with SOL also lost over 6%. As Bitcoin and other altcoins begin to regain momentum, XMR took the lead.

XMR…


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