Monero Reaches Record High Amid Privacy Coin Surge
Monero hit a new all-time high above $797, driven by rising demand for financial privacy, regulatory actions, and capital rotation from Zcash.
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Latest reporting and analysis tagged with Monero.
Monero hit a new all-time high above $797, driven by rising demand for financial privacy, regulatory actions, and capital rotation from Zcash.
Privacy-focused cryptocurrencies like Monero and Dash have posted significant gains, with Monero reaching new all-time highs. The rally follows regulatory moves in Dubai and the EU, alongside capital rotation from Zcash after its development team resigned.
Market analyst Peter Brandt compared silver's historical price patterns to Monero's trajectory, noting both assets recently hit record highs. He previously predicted gold's 1980s reversal and Bitcoin's 2018 decline.