Monero (XMR) Gains Attention, Zcash (ZEC) Faces Wild Swings, and More: Bits Recap October 23

The popular privacy coin XMR has taken center stage lately after its price surged to an eight-month high. Its biggest rival, ZEC, also posted a substantial uptick, but bears stopped the rally, and the asset remains in the red on a weekly basis. For its part, BTC slipped 1% within the same period, yet the recent whale activity suggests the price may soon head north. XMR’s Pump The token registered a double-digit price increase yesterday (October 22), surpassing $650 for the first time since January. A potential catalyst for the rally was the announcement that GUI v0.18.5.4 ‘Fluorine Fermi’ has been released . Monero’s team explained that this minor upgrade reopens testnet and stagenet wallets and includes bug fixes.

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