Monero (XMR) Faces 8% Surge as Capitalization Suddenly Spikes by $150 Million: Analysis



Arman Shirinyan

XMR faces strong surge as demand for private cryptocurrencies rises amid regulatory clampdown

Monero once again leads the cryptocurrency market recovery with an 8% price increase in the last 24 hours, according to CoinMarketCap. Monero garnered a sudden boost in popularity following the regulatory crackdown initiated by some exchanges, including Coinbase.

Monero (XMR) gained after the CEOs of many cryptocurrency exchanges expressed their opinions about holding digital…


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