Monero ($XMR) Crypto Forecast: Up 5.8% Today

What is Monero?

Monero (XMR) is a privacy-focused cryptocurrency known for its untraceable transactions and fungibility. The overall cryptocurrency market has been experiencing bullish momentum, with Bitcoin leading the way and altcoins following suit.

Why is Monero going up?

XMR crypto is up 5.8% on Apr 29, 2025 15:05

• Monero (XMR) surged by 65% following news of a $330 million Bitcoin hack, as investors sought out privacy-focused alternatives.
• Speculation about Monero reaching $300 was fueled by the overall bullish sentiment in the crypto market, with altcoins rallying alongside Bitcoin's climb towards $95,000.
• The suspected involvement of the BTC hacker in Monero derivatives may have further boosted confidence in XMR, leading to a 50% price spike.
• While Monero eyes $179 amidst the market excitement, the potential for massive ROI from other altcoins like Sui Crypto could introduce some volatility in XMR's price movement.

XMR Price Chart

XMR Technical Analysis

XMR News

Monero crypto surges 65% on Bitcoin hack news – Can XMR reach for $300?

Monero crypto surges 65% on Bitcoin hack news – Can XMR reach for $300?

https://ambcrypto.com/monero-crypto-surges-65-on-bitcoin-hack-news-can-xmr-reach-for-300/

Crypto Market Price Prediction: BCH, XMR, FLOKI & Other Altcoins Rally as Bitcoin Hugs $95K

Crypto Market Price Prediction: BCH, XMR, FLOKI & Other Altcoins Rally as Bitcoin Hugs $95K

https://coingape.com/markets/crypto-market-price-prediction-bch-xmr-floki-other-altcoins-rally-as-bitcoin-hugs-95k/

How $330M BTC Hacker May Have Doubled Down on Monero Derivatives

How $330M BTC Hacker May Have Doubled Down on Monero Derivatives

https://www.coindesk.com/business/2025/04/29/did-the-usd330m-btc-hacker-deliberatley-pump-monero-to-make-even-more-money

Monero Price Spikes 50% After Suspected $330M Bitcoin Theft

Monero Price Spikes 50% After Suspected $330M Bitcoin Theft

https://news.shib.io/2025/04/29/monero-price-spikes-50-after-suspected-330m-bitcoin-theft/?utm_source=rss&utm_medium=rss&utm_campaign=monero-price-spikes-50-after-suspected-330m-bitcoin-theft

Sui Crypto Price Climbs to $2.1 & Monero (XMR) Eyes $179, but Unstaked’s AI Token Could Deliver Massive ROI

Sui Crypto Price Climbs to $2.1 & Monero (XMR) Eyes $179, but Unstaked’s AI Token Could Deliver Massive ROI

https://crypto-economy.com/sui-crypto-price-climbs-to-2-1-monero-xmr-eyes-179-but-unstakeds-ai-token-could-deliver-massive-roi/

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Monero Price History

28.03.2025 - XMR Crypto was up 13.6%

• Monero displayed a robust upward trend today.
• The surge in price could be linked to the involvement in the laundering process following a substantial $330 million Bitcoin theft.
• This event resulted in a notable $2 billion rise in Monero's market capitalization, indicating strong investor enthusiasm and trust in this privacy-centric digital asset.
• The general optimistic outlook within the cryptocurrency market, reflected in positive price shifts for Bitcoin, XRP, and Monero, also played a role in driving Monero's upswing.

28.03.2025 - XMR Crypto was up 22.2%

• Monero (XMR) experienced a significant bullish movement, surging by 30% to 50% in a short period.
• The price spike was triggered by a $330 million suspicious Bitcoin transfer, raising concerns about potential money laundering or a significant hack.
• Onchain sleuth ZachXBT's flagging of the suspicious transaction added to the frenzy, driving investors towards the privacy and security features offered by Monero.
• The incident highlights the ongoing need for secure and private transactions in the cryptocurrency space, leading to a surge in demand for Monero as investors seek anonymity and protection against illicit activities.

28.03.2025 - XMR Crypto was up 18.2%

• Monero's price surged by over 50% following a suspicious transfer of $330 million in Bitcoin, indicating a flight to privacy-focused assets like XMR.
• The $330 million Bitcoin hack likely drove investors towards Monero, as its anonymity features are appealing in such situations.
• The surge in Monero's price showcases how events in the broader cryptocurrency ecosystem can impact specific tokens, highlighting the interconnected nature of the digital asset market.
• The key reason behind Monero's surge today seems to be the heightened interest in privacy coins amid concerns over security breaches and illicit activities in the crypto space.

28.03.2025 - XMR Crypto was up 15.7%

• The theft of 3,520 Bitcoin in a major crypto heist likely led to a surge in Monero's price, as investors turned to the privacy features of XMR to protect their assets.
• Speculation around the reasons behind XMR's surge, including potential market manipulation or increased demand for privacy-focused cryptocurrencies, may have contributed to the bullish movement.
• With Monero rallying to a 5-year peak, there is optimism in the market about the potential for XMR to reach its all-time high of $543.
• The surge in Monero's price following the large hack highlights the role of privacy and security concerns in driving investor interest in certain cryptocurrencies like XMR.

28.03.2025 - XMR Crypto was up 12.5%

• Monero experienced a significant bullish movement following news of a massive $330 million Bitcoin theft, as investors turned to the privacy features of XMR for security.
• The price surge was further fueled by Monero's role in laundering the potentially stolen Bitcoin, highlighting its appeal for users seeking anonymity in transactions.
• The market cap of Monero increased by $2 billion, indicating a strong influx of capital into the cryptocurrency as a result of the security breach in the Bitcoin ecosystem.
• ZachXBT's flagging of the $330 million Bitcoin transfer drew attention to Monero's price increase, showcasing how security incidents in the broader crypto space can impact specific tokens like XMR.

28.03.2025 - XMR Crypto was up 10.5%

• Monero (XMR) surged by 41% following news of hackers laundering $330,000,000 in Bitcoin with XMR. This sudden spike in demand for Monero could be attributed to its privacy features, making it an attractive option for illicit activities.
• The anticipation of President Trump's 100-day speech may have also contributed to the positive sentiment in the cryptocurrency market, leading to increased investment in assets like Monero.
• As Bitcoin's price dipped due to tech stocks slipping ahead of earnings, investors might have shifted their focus towards altcoins like Monero, seeking higher returns and diversification within the crypto space.
• The overall positive outlook for Bitcoin's price rally this week could have spilled over to other cryptocurrencies like Monero, driving up demand and contributing to its bullish movement.

28.03.2025 - XMR Crypto was up 15.5%

• Monero's price surged by 50% following a $330 million suspicious Bitcoin transfer, sparking investor interest in the privacy features of Monero.
• The news of a potential money laundering transaction involving a large sum in Bitcoin likely led investors to seek the anonymity provided by Monero, driving up its price.
• This sudden increase in demand for Monero showcases the market's reaction to events highlighting the importance of privacy and security in the cryptocurrency space.
• The surge in Monero's price demonstrates how external events and concerns about transparency in transactions can impact the value of privacy-focused cryptocurrencies like Monero.

28.03.2025 - XMR Crypto was up 13.5%

• Monero surged by 41% after hackers used the token to launder $330 million in Bitcoin, highlighting its appeal for illicit activities.
• The involvement of Monero in the large-scale Bitcoin theft brought attention to its privacy features, attracting investors seeking anonymity in transactions.
• This event showcased Monero's real-world utility and reinforced its position as a go-to option for individuals looking to obfuscate their financial activities.
• The surge in Monero's price also reflects the ongoing interest in cryptocurrencies and their potential for both legitimate and illegitimate use cases.

29.03.2025 - XMR Crypto was down 8.7%

• Monero (XMR) experienced a significant bearish movement today despite recent positive price jumps.
• The sudden 50% rally in Monero's price was likely fueled by a $330 million Bitcoin transfer linked to suspicious activities, leading to increased scrutiny and selling pressure on XMR.
• Investors may have taken profits following the sharp increase in Monero's price, causing the bearish movement.
• The market sentiment towards Monero could be influenced by the association with hackers and money laundering activities, impacting its price negatively.

29.03.2025 - XMR Crypto was up 5.8%

• Monero (XMR) surged by 65% following news of a $330 million Bitcoin hack, as investors sought out privacy-focused alternatives.
• Speculation about Monero reaching $300 was fueled by the overall bullish sentiment in the crypto market, with altcoins rallying alongside Bitcoin's climb towards $95,000.
• The suspected involvement of the BTC hacker in Monero derivatives may have further boosted confidence in XMR, leading to a 50% price spike.
• While Monero eyes $179 amidst the market excitement, the potential for massive ROI from other altcoins like Sui Crypto could introduce some volatility in XMR's price movement.

29.03.2025 - XMR Crypto was up 5.4%

• Monero (XMR) experienced a significant price increase of 50%.
• The rise in Monero's value may be linked to a recent theft of $330 million in Bitcoin, pushing investors to consider privacy-centric alternatives like Monero.
• Market speculations indicating a potential price target of $179 for Monero and its recognition as one of the top altcoins to monitor in May likely bolstered investor interest.
• The announcement by the crypto wallet Exodus to discontinue Monero support in the future may have motivated investors to swiftly acquire XMR tokens, influencing the price surge.

29.03.2025 - XMR Crypto was up 5.3%

• Monero (XMR) saw a significant 50% price jump due to a suspicious $330 million Bitcoin transfer, sparking investor interest and driving up demand.
• The hacker-induced inflows into Monero might have led to a surge in buying activity, pushing the price higher as investors sought privacy-focused assets.
• The overall positive sentiment in the cryptocurrency market, with Bitcoin, Ethereum, XRP, and Dogecoin holding firm after last week's rally, also contributed to Monero's bullish movement.
• As Monero goes viral and Bitcoin price targets $100K ahead of Trump's 100-day speech, the cryptocurrency market is reclaiming the $3.1 trillion mark, indicating growing investor confidence and interest in digital assets.