XM

Monero

XMR 24 Hour Move
-10.42%
$502.31 → $449.95

Why Monero is down 10.4% today

Analysis

Monero (XMR) fell 10.4% over the past 24 hours as sentiment weakened following reports that India has prohibited privacy coins including Monero amid a money-laundering crackdown, raising concerns about access and liquidity in a major market. The news adds regulatory pressure specifically targeted at privacy-focused assets, which can trigger risk-off selling in the sector.

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
71%
Read source

Move Details

Asset Monero
Symbol XMR
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $502.31
End Price $449.95
Change -10.42%
Detected Jan 26, 2026 12:10 AM

Explanation Confidence

71%

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