Monero (XMR-USD) Cryptocurrency Went Down By Over 15% In The Last 6 Hours

Monero (XMR-USD) Cryptocurrency is currently on bearish momentum by 15.11% in the last 6 hours. At 03:26 EST on Saturday, 22 May, Monero (XMR-USD) is at $224.71.

Social Status

Currently, Monero (XMR-USD) has 415046 Twitter followers and 220555 Reddit subscribers.

As of now, on Github, there are 3054 forks, 5855 stars, and 488 subscribers.

Volatility

Monero’s last week, last month’s, and last quarter’s current volatility was a negative 7.65%, a negative 0.88%, and a positive 4.32%, 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 10.54% (last week), 6.41% (last month), and 4.32% (last quarter), respectively.

News about Bitcoin

Bitcoin fluctuates around $40,000 as musk-fueled rally collapses. According to Bloomberg Quint on Wednesday, 19 May, “Tesla would suspend car purchases using the token, he announced, calling recent energy-consumption trends “insane.” Over the weekend, after insinuating his EV company might have sold its Bitcoin holdings, he sent out tweets clarifying that it hadn’t. “, “In addition to testing its 200-day moving average, other indicators — like a bearish head and shoulders pattern in Bitcoin futures — may also give backers cause for worry.”

Coinbase plunges with other crypto stocks amid Bitcoin rout. According to Bloomberg Quint on Wednesday, 19 May, “Coinbase Global Inc. posted its biggest decline on record Wednesday, joining a rout in global crypto stocks after Bitcoin and Ether prices collapsed.”

Cathie wood buys another $59m in coinbase as Bitcoin recovers, entirely cuts Apple stake. According to Business Insider on Friday, 21 May, “See Also: Cathie Wood Buys Another $39M Tesla Shares On Dip, Also Adds Bitcoin Plays Square, Coinbase”

More news about Monero (XMR-USD).

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