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Monero (XMR) drops 8.6% amid broad crypto sell-off and regulatory concerns in the EU.

Market News
12 Nov 2026, 21:39 WIB
CryptoTicker
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Bearish
Monero (XMR) drops 8.6% amid broad crypto sell-off and regulatory concerns in the EU.

Monero (XMR) fell 8.6% to around $537 on November 12, 2026, amid a weak crypto market where Bitcoin slipped below $72,000 and $656 million in leveraged positions were liquidated. The decline is mainly due to overall market pressure and profit-taking after Monero's recent strong gains, with no specific negative trigger for XMR alone. Upcoming EU regulations banning privacy coins on regulated platforms from July 2027 add uncertainty, while the awaited THORChain integration for Monero swaps remains inactive. Support levels are seen at $519, $500, and $476, with recovery depending on broader market stabilization.

As of Nov 13, 2026 03:02 WIB, Monero (XMR) trades at Rp1.934.530 on Pluang, showing a 1-day gain of 2.41%. Despite the recent drop noted in the article, the asset's market cap stands at Rp35,12 trillion with a 24-hour trading volume of Rp937,45 million. The typical holding period for XMR on Pluang is 32 days, indicating moderate investor engagement.

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