XM

Monero

XMR 1 Hour Move
+1.03%
$501.48 → $506.62

Why Monero is up 1.0% in the last hour

Analysis

Monero (XMR) experienced a 1.0% increase in price over the past hour. This price movement may be attributed to the news that Monero, along with Zcash and Dash, has been prohibited in India amid a crackdown on money laundering.

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 $501.48
End Price $506.62
Change +1.03%
Detected Jan 25, 2026 1:15 AM

Explanation Confidence

79%

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