Monero Cryptocurrency Positive Momentum With A 12% Rise In The Last 6 Hours

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Monero Cryptocurrency is currently on bullish momentum by 12.32% in the last 6 hours. At 01:36 EST on Friday, 7 May, Monero is at $477.81.

Social Status

Currently, Monero has 401749 Twitter followers and 216269 Reddit subscribers.

As of now, on Github, there are 2872 forks, 5770 stars, and 489 subscribers.

Volatility

Monero’s last week, last month’s, and last quarter’s current volatility was 291.17%, 291.17%, and 291.17%, respectively.

Monero’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 291.17% (last week), 291.17% (last month), and 291.17% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Monero’s crypto is considered to be oversold (<=20).

News about Bitcoin

S&amp;p dow jones brings Bitcoin, ethereum to wall st with cryptocurrency indexes. According to FX Empire on Tuesday, 4 May, “The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied to them.”

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, “But there are some areas, particularly Bitcoin trading on large exchanges, that the public is not currently really protected.”, “Gensler didn’t weigh in on whether the SEC intends to approve a Bitcoin exchange-traded fund, something the cryptocurrency market is desperate for and is one of the most consequential issues for the industry.”

Square revenue more than triples, driven by Bitcoin purchases. According to Bloomberg Quint on Thursday, 6 May, “Surging purchases of Bitcoin have been a major boon for the company over the past year as more consumers have flocked to the cryptocurrency. “, “Square Inc.’s quarterly sales more than tripled, surpassing analysts’ estimates, driven by skyrocketing Bitcoin purchases through the company’s Cash App.”

More news about Monero.

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