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Monero Breaks $500 for the First Time in Years
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Monero surged past the $500 level, marking its first break above that price since May 2021. The privacy-focused cryptocurrency climbed more than 6% in a single day and nearly 20% over the week, briefly touching $500.66 and pushing closer to its previous all-time high near $517.50.
The move placed XMR back into the spotlight as traders reassessed privacy coins amid shifting market dynamics. The rally also signaled renewed confidence in assets designed for financial anonymity during a period of heightened regulatory scrutiny across the crypto industry.
