Monero’s XMR Rockets 40% as XRP Leads Price Gains in Major Cryptocurrencies

Monero’s XMR Rockets 40% as XRP Leads Price Gains in Major Cryptocurrencies

Trading volumes for XMR zoomed from an average of $50 million on a 7-day rolling basis to over $220 million in the past 24 hours

Monero’s Price Surge Sparks Market Speculation

Monero's price surged dramatically earlier this week. Experts warn about the risks of sudden price movements in crypto. Continue Reading:Monero’s Price Surge Sparks Market Speculation The post Monero’s Price Surge Sparks Market Speculation appeared first on COINTURK NEWS.

In just a few hours, the Monero (XMR) jumped by 43%. A significant variation for an asset that has been considered relatively stable in recent months. Back to what caused this sudden price rise. The article Monero (XMR) climbs by 43% in a few hours, what happened? appeared first on Cryptoast.

Monero (XMR) Price Soars As $330M Bitcoin Theft Sparks Launders Across Six Exchanges

A suspected Bitcoin theft worth 3,520 BTC ($330.7 million) led to laundering across six exchanges, with the stolen funds converted into Monero (XMR), causing the price to surge by 51% before retracing. Monero (XMR) experienced sharp price volatility due to large swaps and thin liquidity, with trading volume rising by 55% within two hours. Monero saw a major surge in its price after Bitcoin worth approximately $330.7 million, (3,520 BTC), was sus…

Bitcoin Theft Boosts Monero's Value Dramatically

The post Bitcoin Theft Boosts Monero’s Value Dramatically appeared on BitcoinEthereumNews.com. The cryptocurrency sector is witnessing a striking surge as Monero (XMR) experiences a remarkable price increase of over 50% within a single day. This sudden spike is directly tied to a substantial Bitcoin heist valued at approximately $330 million. How Did Bitcoin Theft Impact Monero?Will Monero’s Rise Last Long? How Did Bitcoin Theft Impact Monero? R…

After a $330M Bitcoin Hack, Monero Surges 50% in a Stunning Turn of Events - Crypto Economy

TL;DR $330M Bitcoin Hack: A suspected hack involving 3,520 BTC saw criminals rapidly launder stolen funds through multiple instant exchanges, converting much of it into Monero (XMR). Monero Rally: The unexpected conversion spurred a rush by investors, driving Monero’s price up by 50% as traders sought its untraceable, privacy-focused benefits. Market Impact: The surge pushed Monero to multi-year highs, with prices peaking near $329, and trigger…