XM

Monero

XMR 1 Hour Move
+1.10%
$486.71 → $492.05

Why Monero is up 1.1% in the last hour

Analysis

Monero (XMR) saw a 1.1% increase in price over the past hour, likely due to the news that Monero, along with Zcash and Dash, has been prohibited in India amid a money-laundering crackdown. This development may have sparked increased interest and trading activity in Monero as investors react to the regulatory changes in India.

Contributing Factors (1)

#1
Bitcoinist ETF Flows 4 weeks ago

Monero, Zcash, And Dash Prohibited In India Amid Money-Laundering Crackdown

India’s Financial Intelligence Unit (FIU‑IND) has launched a fresh anti‑money‑laundering crackdown aimed at privacy‑focused cryptocurrencies. The move targets Monero (XMR), Zcash (ZEC), and Dash (DASH...

Confidence
79%
Read source

Move Details

Asset Monero
Symbol XMR
Direction ↑ Bullish
Timeframe 1 Hour
Start Price $486.71
End Price $492.05
Change +1.10%
Detected Jan 25, 2026 6:50 AM

Explanation Confidence

79%

High confidence in the explanation based on source reliability and timing.