Monero price was not spared in the recent crypto sell-off. The privacy-focused coin dropped to $172 on Wednesday as the overall crypto-sell-off continued. The coin’s price has bounced back in line with that of other coins. It is trading at $295, which is about 72% above the lowest level on Wednesday. It has a market cap of more than $5.2 billion.
The background: Cryptocurrencies are highly correlated currencies. When the biggest coins rise, the rest tends to…
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