Monero avoids crypto market rout, but XMR price still risks 20% drop by June

Monero avoids crypto market rout, but XMR price still risks 20% drop by June

XMR’s bearish setup comes as Monero prepares to launch the testnet version of its hard fork this month. Monero (XMR) has shown a surprising resilience against the United States Federal Reserve’s hawkish policies that pushed the prices of most of its crypto rivals — including the top dog Bitcoin (BTC) — lower last week. XMR price closed the previous week 2.37% higher at $217, data from Binance shows. In comparison, BTC, which typically influences the broader crypto market, finished the week down 11.55%. The second-largest crypto, Ether (ETH), also plunged 11% in the same period.XMR/USD vs.....


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