Monero Cryptocurrency Over 12% Down In The Last 6 Hours

Monero (XMR-USD) Cryptocurrency is currently on bearish momentum by 12.55% in the last 6 hours. At 07:30 EST on Monday, 21 June, Monero (XMR-USD) is at $224.55.

Volume

Today’s last reported volume for Monero is 230074490 which is 55.21% below its average volume of 513651101.24.

All TIme High and Low

Monero’s current value is at $224.55 which is 58.53% below its all time high of $542.33 at Tuesday, 9 January.

Monero’s current value is at $224.55 which is 103936% above its all time low of $542.33 at Wednesday, 14 January.

Market Cap and Supply

Monero’s current market cap is at 4037743518

Social Status

Currently, Monero (XMR-USD) has 425753 Twitter followers and 225944 Reddit subscribers.

As of now, on Github, there are 3155 forks, 5975 stars, and 493 subscribers.

Volatility

Monero’s last week, last month’s, and last quarter’s current volatility was 0.57%, 0.19%, and 5.35%, 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 3.68% (last week), 5.72% (last month), and 5.35% (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

Bitcoin drops as hashrate declines with China mining crackdown. According to Bloomberg Quint on Sunday, 20 June, “The city of Ya’an in the southwestern region of Sichuan has promised the provincial authorities to root out all Bitcoin and Ether mining operations within one year, said a person with knowledge of the situation. “, “About 65% of the world’s Bitcoin mining took place in China as of April 2020, according to an estimate by the University of Cambridge.”

Novogratz’s galaxy provides liquidity on goldman Bitcoin futures. According to Bloomberg Quint on Friday, 18 June, “The digital-asset firm started by billionaire investor Michael Novogratz, a former Goldman partner, will provide futures block liquidity on CME Group Inc. for the Bitcoin cash-settled products, according to a statement. “, “will serve as a liquidity provider on Bitcoin futures for Goldman Sachs Group Inc. as the securities firm re-enters the cryptocurrency markets.”

Danske bank keeps Bitcoin ban despite rising client interest. According to Bloomberg Quint on Friday, 18 June, “Danske Bank A/S said it will maintain a ban preventing the trading of Bitcoin and other cryptocurrencies on its platforms, despite clear interest from clients to experiment with such assets.”, “And it listed carbon emissions from the vast computer power needed to mine Bitcoin as a further reason to adopt a “very cautious approach” toward such assets.”

Forget Bitcoin. become a millionaire this way. According to The Motley Fool on Sunday, 20 June, “But before you sink money into Bitcoin in the hopes of having it make you a millionaire, here’s another lucrative — and less risky — investment worth considering.”, “Because Bitcoin has only been around for a little more than a decade, we don’t know what sort of staying power it has.”

More news about Monero (XMR-USD).