Cryptocurrency Monero Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Monero (XMR) has experienced a 4.47% price drop in the last 24 hours, continuing a week-long decline of 4.0%. Trading volume has decreased by 39.0% over the past week, while the circulating supply has slightly increased by 0.1%. Monero's market cap is currently $2.98 billion, ranking it #34.
June 21, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Monero (XMR) has seen a significant price drop of 4.47% in the last 24 hours, continuing a week-long decline. The trading volume has decreased by 39.0%, while the circulating supply has slightly increased. The market cap is currently $2.98 billion, ranking it #34.
The significant price drop and decrease in trading volume indicate a bearish trend for Monero. The slight increase in circulating supply adds to the negative sentiment. Investors should be cautious as the market cap ranking also reflects a decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100