Monero (XMR-USD) Cryptocurrency is currently on bearish momentum by 34.55% in the last 7 days. At 01:28 EST on Wednesday, 19 May, Monero (XMR-USD) is at $296.67.
Social Status
Currently, Monero (XMR-USD) has 413015 Twitter followers and 219633 Reddit subscribers.
As of now, on Github, there are 3037 forks, 5838 stars, and 489 subscribers.
Volatility
Monero’s last week, last month’s, and last quarter’s current volatility was a negative 3.48%, a positive 0.42%, and a positive 4.01%, 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 6.37% (last week), 5.63% (last month), and 4.01% (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
Microstrategy builds up Bitcoin cache by $10 million. According to Bloomberg Quint on Tuesday, 18 May, “MicroStrategy’s disclosure comes amid a swoon in crypto prices largely brought on by Twitter posts from Elon Musk, whose electric-vehicle firm Tesla Inc. purchased Bitcoin earlier this year. “, “The Tysons Corner, Virginia-based company run by Saylor is one of a handful to put Bitcoin on their balance sheets. “
The big difference between Bitcoin and myspace. According to Bloomberg Quint on Monday, 17 May, “A decade is hardly anything in the scope of monetary history, so who knows what the future of Bitcoin will be. “, “Maybe a better Bitcoin could do more stuff, like make it easier to write smart contracts or launch side tokens that ride upon the core blockchain’s security.”
Bitcoin dips to lowest since February amid China crypto warning. According to Bloomberg Quint on Tuesday, 18 May, “The EV-maker’s retraction that it will accept Bitcoin as payment “was the catalyst that accelerated the spread consolidation. “, “When you combine this with the news out of China, it’s not a surprise that Bitcoin is seeing some more weakness.”
Musk implies Tesla May sell or has sold Bitcoin holdings. According to Bloomberg Quint on Sunday, 16 May, “Elon Musk implied in a Twitter exchange on Sunday that Tesla Inc. may sell or has sold its Bitcoin holdings.”, “On May 12, Musk tweeted that while the company was suspending Bitcoin for car purchases, it wouldn’t be selling any Bitcoin.”
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