Monero Leads Rally in Privacy Coins, Rising to Two-Year Highs

Monero Leads Rally in Privacy Coins, Rising to Two-Year Highs
Monero (XMR) 1-year chart, Oct. 12, 2020.

Major privacy-focused cryptocurrencies jumped on Monday, with (XMR), the biggest of the lot, extending its impressive recent run to two-year highs. The move came after a group of countries jointly called for “back doors” into encryption software. That backdoor access potentially diminishes the privacy-safeguarding utility of such software and is driving increased interest in the privacy coins.

Bitcoin News Roundup for Oct. 12, 2020

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