Monero Surges 50% to $388 After $330M Bitcoin Hack
Monero Surges 50% to $388 After $330M Bitcoin Hack In an unexpected turn of events, Monero (XMR) soared 50%, reaching $388, triggered by a massive $330 million Bitcoin hack. The stolen BTC was swiftly converted to XMR, creating a substantial supply-demand shock in the market. XMRUSDT Surging After Large-Scale Bitcoin Conversion? The XMRUSDT pair emerged as the best-performing coin, outperforming even some of the most talked-about altcoins. Analysts speculated on the rapid increase in valuation, linking it to the large-scale conversion of stolen BTC to XMR, noted by blockchain expert ZachXBT....