HomeNewsMonero Plunges Nearly 10% After Record $797 Peak — Can Privacy Coin...

Monero Plunges Nearly 10% After Record $797 Peak — Can Privacy Coin Rebound Soon? Now Live

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Monero (XMR) reached a new all-time high of $798 on Jan. 14, 2026. Since then its price has dropped roughly 9% amid broader crypto market weakness.

According to CoinGecko data, XMR fell 8.7% on daily charts and 9.4% on weekly charts. It remains up 30.2% over 14 days, 25.3% in the past month, and 187.2% since January 2025.

The rally began in late 2025 while many other cryptocurrencies declined. Demand for privacy-focused coins rose and ZCash (ZEC) also posted gains.

Momentum for ZCash (ZEC) faltered after its development team resigned en masse. Investors likely shifted funds into Monero (XMR), contributing to its sharp price rise.

The wider crypto sector has weakened amid macroeconomic uncertainty and geopolitical tensions, lifting gold and silver prices. Bitcoin (BTC) is leading market direction, and XMR’s recovery will depend on gains across the broader market.

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