XM

Monero

XMR 1 Hour Move
-1.25%
$562.31 β†’ $555.28

Why Monero is down 1.3% in the last hour

Analysis

Monero (XMR) slipped 1.3% over the past hour, likely reflecting short-term profit-taking after recent attention on privacy coins. Decrypt reported that β€œprivacy coins Zcash and Monero are waking up” even as Bitcoin stayed quiet, which can draw fast flows and lead to quick pullbacks after an initial bid.

Contributing Factors (1)

#1
Decrypt 18 hours ago

Bitcoin Falls Asleep, But Privacy Coins Zcash and Monero Are Waking Up

Bitcoin and Ethereum barely moved today, but Zcash and Monero are leading the largest coins over the last 24 hours.

Confidence
65%
Read source

Move Details

Asset Monero
Symbol XMR
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $562.31
End Price $555.28
Change -1.25%
Detected Oct 7, 2026 10:30 AM

Explanation Confidence

65%

Moderate confidence. Multiple factors may be contributing.