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

-

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Kalshi Hedges NBA Bonances at Half the Cost as Regulators Move to Ban Sports Markets

Prediction market platform Kalshi has partnered with sports insurance broker Game Point Capital to hedge NBA team performance bonuses at prices reportedly half those of...

Ethereum Exodus: 330,000 ETH Withdrawn & Validator Queue Hits 71 Days

Ethereum has seen over $660 million withdrawn from exchanges in recent weeks, signaling accumulation by long-term holders. However, market data shows persistent bearish pressure, with...

Brazil’s Bold $68B Plan to Buy 1 Million Bitcoin for National Reserve

Brazil's Congress is considering a bill to create a Strategic Sovereign Bitcoin Reserve, aiming to acquire up to 1 million BTC over five years at...

Pi Coin 24h Rally Outshines BTC, ETH as Mainnet Upgrades Fuel Short-Term Gains, Risk Looms

Pi Coin (PI) rose nearly 4% in the last 24 hours, according to CoinGecko. PI remains down about 4.6% for the week, 15.2% over 14...

Most Popular

spot_img