Two-Week Rally Pushes Monero to New Record High

Following a two-month period in the doldrums, the price of the privacy-focused cryptocurrency monero has climbed to a new all-time high of over $155.

Having sat in the $80-$100 range since Sep. 18, monero first significantly broke above the $100 mark on Nov. 8 and has since continued to rally. Finally, at around 11:30 UTC today, monero peaked at a new record high of $156.09 – just topping the previous high of $154.58 set on Aug. 28.

At press time, prices were still climbing. The gains for the eighth largest cryptocurrency by total value mark a 14.59 percent rise over the last 24 hours, and on a weekly basis, monero is up 27.07 percent, as per CoinMarketCap

Read Full: Two-Week Rally Pushes Monero to New Record High – CoinDesk