XMR rose to $175 in July
Monero’s price rose to $175 on July 26 before dipping over the next few days as weakness across crypto threatened bulls. On Aug. 1, as Bitcoin crashed to near $62k, XMR reached its lowest price level since July 8 by hitting lows of $150.
XMR traded at its all-time high above $542 in 2018.
While XMR trades below the highs of $180 reached in mid-June, the gains to above $160 on Aug. 2 came amid positive news for the privacy coin.
Earlier in the week, the Monero team announced that they were working with Cake Wallet, a non-custodial for Bitcoin Bitcoin
btc
-1.19%
Bitcoin, Ethereum Ethereum
eth
-2.34%
Ethereum, and Litecoin Litecoin
ltc
-2.78%
Litecoin, to bring Monero to the Keystone Hardware Wallet.
Keystone, an open-source hardware cold wallet provider, confirmed the collaboration.