Monero (XMR-USD) Cryptocurrency Over 13% Down In The Last 6 Hours

Monero (XMR-USD) Cryptocurrency is currently on bearish momentum by 13.55% in the last 6 hours. At 12:29 EST on Friday, 21 May, Monero (XMR-USD) is at $278.31.

Social Status

Currently, Monero (XMR-USD) has 415046 Twitter followers and 220406 Reddit subscribers.

As of now, on Github, there are 3044 forks, 5849 stars, and 488 subscribers.

Volatility

Monero’s last week, last month’s, and last quarter’s current volatility was a negative 7.65%, a negative 0.88%, and a positive 4.32%, respectively.

Monero’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 10.54% (last week), 6.41% (last month), and 4.32% (last quarter), respectively.

News about Bitcoin

Microstrategy builds up Bitcoin cache by $10 million. According to Bloomberg Quint on Tuesday, 18 May, “Over the weekend, after insinuating his company might have sold its Bitcoin holdings, Musk sent out tweets clarifying that it hadn’t.”, “The Tysons Corner, Virginia-based company run by Saylor is one of a handful to put Bitcoin on their balance sheets. “

Bitcoin plunges below $33,000 and a key level, chart shows. According to Bloomberg Quint on Wednesday, 19 May, “The rout for the largest cryptocurrency continued on Wednesday, with Bitcoin erasing all of its gains since Tesla Inc.’s Feb. 8 announcement that it would use corporate cash to buy the asset and accept it as a form of payment for its vehicles — only for founder Elon Musk to reverse course. “

Fund managers say ‘long Bitcoin’ is the most crowded trade in the world. According to Bloomberg Quint on Tuesday, 18 May, “In case there were any doubt about how how hot Bitcoin or “crypto” is these days, look no further than the latest Bank of America fund manager survey.”

More news about Monero (XMR-USD).