Crypto Markets Update: XMR Surges Following Major Blockchain Reorganization
Bitcoin faces challenges as it falls below $116,000, with significant movements of funds into ether as whales adjust their positions.
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Bitcoin faces challenges as it falls below $116,000, with significant movements of funds into ether as whales adjust their positions.
Monero continues to outpace Bitcoin this year with a remarkable 86% increase compared to Bitcoin's 12% rise.
The price of Monero (XMR) soared nearly 40% on Monday, following a suspicious large transaction involving Bitcoin, according to blockchain researcher ZachXBT.
Monero's trading volume shot up significantly, leading to a notable price increase driven by a potential exploit.
Monero experienced a remarkable 50% rise to $388 following a significant Bitcoin heist, with stolen BTC being converted to XMR, leading to a sudden demand surge.
Monero has surpassed the $200 mark, signaling a positive trajectory in market trends.
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