Cryptocurrency Monero Decreases More Than 4% Within 24 Hours
Over the past 24 hours, Monero's XMR/USD price has fallen 4.47% to $162.05. This continues its negative trend over the past week, where it experienced a 4.0% loss, moving from $173.96 to its current price.
Price Movement and Volatility
Refer to the chart below that compares the price movement and volatility for Monero over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, which measure the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
Trading Volume and Circulating Supply
The trading volume for the coin has tumbled 39.0% over the past week. At the same time, the circulating supply of the coin has risen by 0.1%, bringing the circulating supply to 18.45 million.
Market Cap Ranking
According to our data, the current market cap ranking for XMR is #34 with a market capitalization of $2.98 billion.
For anyone tracking the performance of Monero, it is clear that the cryptocurrency has faced some recent challenges, reflected in its price and trading volume metrics.
