Cryptocurrency Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. Monero (XMR) is a leading privacy-focused cryptocurrency designed to facilitate secure, untraceable, and censorship-resistant transactions. Unlike most digital assets, Monero emphasizes anonymity by default, leveraging advanced privacy technologies such as ring signatures, stealth addresses, and confidential transactions to obscure transaction details and safeguard user identities. XMR has a market capitalization of ~USD 5.93 billion (as per TradingView as of October 23, 2025).

Last week, the S&P Cryptocurrency Broad Digital Market (BDM) Index opened on a weak note and extended its losses, declining 647.48 points (−9.57%) to close at 6,115.49 for the week ended October 17, 2025. As the new trading week began on October 20, the index continued to show signs of persistent weakness, reflecting renewed negative momentum. The broader cryptocurrency market also remained under pressure, with major assets such as Bitcoin and Ethereum consolidating after recent declines, thereby reinforcing the prevailing bearish sentiment.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one cryptocurrency that seems ‘Non-Attractive’ at the current level appears to be Monero (XMR) Perpetual Futures based on the below technical parameters: -

Past performance is not a reliable indicator of future performance.