Crypto Market Regains Positive Sentiment: Bitcoin And Monero Are Back On Track


These days, the crypto market could not look better. A lot of crypto enthusiasts have been celebrating the fact that Bitcoin was able to surge above $11k and it brought up the other digital assets as well.

At the moment of writing this article, BTC is trading in the green on CMC, and the most important digital asset is priced at $11,845.08.

Monero is an amazing performer, and the privacy-oriented coin is also trading in the green.

XMR is priced at $96.06 on CMC, and the coin managed to surpass Stellar as well. XMR is now proudly occupying the 10th position on CMC.

Monero in the news

Speaking about Monero, the coin has been gaining more popularity these days, and all of this is due to the strong privacy features that it flaunts.

The Monero development team has been working on perfecting the project, and more investors find it one of the best choices for an investment.

Monero enthusiasts were happy to see that XMR surpassed Tron and Cardano and now, XMR was also able to surpass XLM.

In other news, the Monero community is waiting for an exciting event which is scheduled this month.

The important upcoming event scheduled for the Monero community is Monero Village DefCon 2019  which will take place between August 8 and August 11.

According to the official website, the Monero Village has been created by the Monero community members with the main goal of “teaching others about, and spreading awareness of, the cryptocurrency Monero, and what it adds to both the cryptocurrency space, as well as the global privacy conversation.”

The focus of this important event is to educate people on Monero.

Privacy is one of the most important features in the crypto space, and it seems that more investors understand this.

The price of XMR is also mirroring the coin's popularity and the success of the overall project.

Coins Mentioned

XLM

Stellar

BTC

Bitcoin

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Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

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