Monero (XMR-USD) Cryptocurrency is currently on bearish momentum by 25.92% in the last 7 days. At 23:26 EST on Sunday, 16 May, Monero (XMR-USD) is at $355.30.
Social Status
Currently, Monero (XMR-USD) has 411533 Twitter followers and 219108 Reddit subscribers.
As of now, on Github, there are 3024 forks, 5814 stars, and 488 subscribers.
Volatility
Monero’s last week, last month’s, and last quarter’s current volatility was 313.32%, 313.32%, and 313.32%, 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 313.32% (last week), 313.32% (last month), and 313.32% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Monero’s crypto is considered to be overbought (>=80).
News about Bitcoin
Billionaire’s Bitcoin dream shapes his business empire in Norway. According to Bloomberg Quint on Saturday, 15 May, “Musk had been an outspoken supporter, but now says he’s worried that Bitcoin mining relies too much on coal. “, “Wall Street is also becoming more comfortable with Bitcoin, with Morgan Stanley offering its customers a Bitcoin fund that tracks the coin’s performance. “
Crypto stocks rebound after $6.1 billion swoon as Bitcoin churns. According to Bloomberg Quint on Friday, 14 May, “The gains comes as Bitcoin climbs back from a slide of more than 15% on Thursday. “, “Elon Musk’s stunning tweet late Wednesday triggered the free-fall for Bitcoin as the billionaire brought concerns surrounding the energy usage of the mining required for the currency to light and forced Wall Street to grapple with an uncertain outlook. “
Scaramucci calls Bitcoin crypto’s ‘apex predator,’ defends drop. According to Bloomberg Quint on Saturday, 15 May, “Even with growing prominence of altcoins, Bitcoin has been able to “maintain its supremacy as the apex predator in digital currency,” he said.”, “Dorsey was responding to a tweet from Square’s Chief Financial Officer Amrita Ahuja, who said the financial payments company’s Bitcoin strategy hasn’t changed and “we’re deeply committed to this community, including working towards a greener future through our Bitcoin Clean Energy Initiative.”
Jack dorsey says Bitcoin changes everything ‘for the better’. According to Bloomberg Quint on Friday, 14 May, “Square Inc. Chief Executive Officer Jack Dorsey said Friday that the payment processing company would “forever work” to make Bitcoin better.”, “Financial News had earlier cited Ahuja as saying that Square has has halted its Bitcoin purchases after a $20 million loss in the coin last quarter.”
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