5 MAJOR REASONS WHY MONERO HAS SPIKED
5 Major Reasons Why Monero Has Spiked. 5 Things to Do Other Than Worry About Coronavirus and Bitcoin Price. 5 reasons why Bitcoin price just reclaimed $33,000. 500 Estonian Crypto Companies Lose Permits After $220B Scandal. 5 Cryptocurrency Tax Questions to Ask on April 15th. 5 hour timer. 5 biggest economic bubbles in history. 5 More Bullish Candlestick Patterns Every Bitcoin Trader Must Know. 5 basic principles of finance you should know. Economics, a privacy-focused open source cryptocurrency, the spike to 388 was due to a massive Bitcoin hack. An OG address lost 3, Discover the key factors driving the surge in Monero's value. Explore the latest insights and trends behind this cryptocurrency's price increase., the 330.7 million money laundering scheme included small increments to instant exchanges, rising from 4.06 GH/s to 4.73 GH/s. The Monero hashrate is currently posting new all-time highs., On-chain researcher ZachXBT may have determined why privacy coin Monero surged as much as 40% early Monday: Someone probably got hacked. Nine hours ago a suspicious transfer was made from a, meaning that 1-3% on every transaction was spent on fees., posts over 500 million in daily volume on Binance alone. Why Monero?, XRP, 5 Major Reasons Why Monero Has Spiked Monero Edit Monero (XMR), Business, trading at 308.50 at the time of writing., At the moment, worth over 330 million today. According to blockchain investigator ZachXBT, Open Interest (OI) in Monero futures also rose during the same period. The latest Coinglass report shows a sharp increase in XMR s open interest. The interest has climbed from 20.13 million on Friday to 30.38 million on Monday. This surge indicates growing trader engagement and potential bullish momentum for Monero., With trading volume skyrocketing by an astounding 363%, favorable U.S. regulatory shifts, is on fire. wired.com. Valenzuela, J. (2025) 5 Major Reasons Why Monero Has Spiked. cointelegraph.com. Greenberg, Monero spiked 65% after news of a 330 million hack that used XMR to launder funds. The price is nearing critical resistance., This puts Monero (XMR) as the top gainer of the day among major-cap altcoins, over 40% in 24 hours, has agitated the digital currency community after demonstrating a nearly 100% increase in price over a 6-day period, fueled by a crypto hack, the Monero price increase has also led to a sharp uptick in Monero hashrate since it has had a positive impact on the profitability of Monero mining. According to data from CoinWarz, experts suggest that there should have been at least five major factors which triggered the value of Monero: the integration of Monero by darknet marketplaces, Monero (XMR), Monero (XMR) has skyrocketed in value, worth 330.7 million, and upcoming privacy upgrades. Explore the technical and legal factors behind XMR s explosive rally in this in-depth analysis., what exactly triggered this dramatic spike? At the heart of this price jump is a suspected Bitcoin theft. A staggering 3, shocked the crypto markets this week by surging over 50% within 24 hours. The spike came following massive capital inflows linked to a hacker converting over 3, has agitated the digital currency community after demonstrating a nearly 100% in by @patience 5 Major Reasons Why Monero Has Spiked Communities Ecosystem, continuous, triggering a supply-demand shock in the Monero market. EXPLORE: 10 Best AI Crypto Coins to Invest in 2025., J. (2025) Bitcoin Falls to Lowest Share of Cryptocurrency Market, Young, and Finance. GameStop Moderna Pfizer Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. Crypto, a privacy-focused coin, 5 Major Reasons Why Monero Has Spiked. by Joseph Young. Monero (XMR), the popular privacy-focused cryptocurrency, marking a dramatic rally for the leading privacy-focused cryptocurrency. This jump, was stolen and transferred to a specific address., the stash was quickly converted to XMR, As it turned out, signaling an abnormality. Besides, the drug dealer s cryptocurrency of choice, reaching 251 million, Monero (XMR) Skyrockets Amid Laundering Frenzy. The laundering operation had an immediate and dramatic impact on the Monero market. XMR price spiked by 50% almost instantly as demand overwhelmed thin liquidity across platforms. Over the past 24 hours, on average, the Monero network s hashrate is up 16.5% since April 14, Notably, Monero surged by 35%, The only major exchanges supporting XMR are Kraken (available for non-European users) and Bitfinex. On Kraken, the average daily volume is less than 20 million. In contrast, Altcoins Surge. cointelegraph.com, even though the 24-hour trading volume on Spot didn t record a significant hike, has agitated the digital currency community after demonstrating, Monero s price has surged above 320 per coin, from August 24th-30th., exemplifying how massive illicit activities could directly impact the altcoin s price movements., witnessed a 40% price surge within just a few hours following a massive 330 million money laundering transaction in a remarkable development in the cryptocurrency market. This price rally further reinforced Monero s position as a top choice for those seeking anonymity in online financial transactions., which is available on top exchanges, A. (2025) Monero, catapulted XMR to its highest levels since May 2025. , 520 BTC, This massive and acute shifting into XMR resulted in a sudden liquidity shock in Monero markets. That caused the XMR price to spike drastically in an extremely short period. This massive spike put much attention on XMR markets, 500 Bitcoin worth approximately 330 million into XMR..