Monero Sets New Record Price as Privacy Trade Re-Emerges

Monero’s push to a record high follows renewed interest in privacy-focused coins, even as uneven liquidity complicates price signals.

In brief:

Monero rose above $592 to an all-time high, standing out as much of the broader crypto market struggled to establish a clear trend.

Privacy-linked tokens showed relative resilience through late last year, with investors rotating into the segment even as attention centered on Zcash, market participants said.

Thin and offshore-heavy liquidity may be amplifying price swings, raising caution about short-term moves in assets largely absent from regulated exchanges, Decrypt was told.