$XMR Holds $550 While ZEC Sheds Nearly 20% in a Week
The two biggest privacy coins are splitting. XMR sits near $550, up 0.4% on the day and down just 2% on the week, about 31% below its all-time high. ZEC, by contrast, lost nearly 20% to about $1,329.
ZEC drew unwanted attention after part of the Bitget hack proceeds, about 7.6% per Chainalysis, moved through Zcash. XMR had no comparable headline and kept a tight range: $543.5 to $562.2 over the last 24 hours.
I'm neutral on XMR: stable, but on a fraction of ZEC's volume. Expect it to keep ranging between $543.5 and $562.2 near term.
Not financial advice. DYOR.
$XMR
The two biggest privacy coins are splitting. XMR sits near $550, up 0.4% on the day and down just 2% on the week, about 31% below its all-time high. ZEC, by contrast, lost nearly 20% to about $1,329.
ZEC drew unwanted attention after part of the Bitget hack proceeds, about 7.6% per Chainalysis, moved through Zcash. XMR had no comparable headline and kept a tight range: $543.5 to $562.2 over the last 24 hours.
I'm neutral on XMR: stable, but on a fraction of ZEC's volume. Expect it to keep ranging between $543.5 and $562.2 near term.
Not financial advice. DYOR.
$XMR
