Monero Up 200% Year-to-Date, Hits 2-Year High Amidst Regulatory Concerns – CryptoGlobeOctober 27, 2020
Privacy-centered cryptocurrency Monero (XMR) has reached a 2-year price high after surging more than 200% year-to-date.
Monero has continued to rally alongside a general price increase for bitcoin and alts. XMR reached $139 on October 26, its highest point since September 2018.
The altcoin is up more than 200 percent year-to-date, with a surge in value of more than 50 percent occurring within the last seven weeks.
Speculators, algorithmic traders look to have fueled the price rally.