Monero (XMR-USD) Cryptocurrency Up Momentum With A 22% Rise In The Last 6 Hours

Monero (XMR-USD) Cryptocurrency is currently on bullish momentum by 22.52% in the last 6 hours. At 18:30 EST on Sunday, 23 May, Monero (XMR-USD) is at $230.17.

Social Status

Currently, Monero (XMR-USD) has 416335 Twitter followers and 220959 Reddit subscribers.

As of now, on Github, there are 3058 forks, 5862 stars, and 490 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

Crypto ‘recipe for disaster’ keeps Bitcoin, ether under pressure. According to Bloomberg Quint on Thursday, 20 May, “A period of relative calm will flush out more dip buyers, but Bitcoin looks like a dead-cat bounce, especially when one looks at the underperformance of the other alt-coins late-session rally,” said Jeffrey Halley, senior market analyst at Oanda Asia Pacific Pte. “, “The caution from China and potential regulation by the U.S. are leading to uncertainty that “could cap digital assets in the near term, even resulting in a retest or a modest undercut of the lows in Bitcoin and Ether,” said Julian Emanuel a strategist at BTIG LLC.”

Bitcoin punctuates wild week with a fresh bout of volatility. According to Bloomberg Quint on Sunday, 23 May, “China has long expressed displeasure with the anonymity provided by Bitcoin and other crypto tokens. “, “Investors in Bitcoin are experiencing one of its rockiest weeks ever after a string of negative headlines, with prices swinging as much as 30% during the day. “

More news about Monero (XMR-USD).