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 13.08 billion (as per TradingView as of 15 January 2026).

For the week ending January 09, 2026, the S&P Cryptocurrency Broad Digital Market (BDM) Index advanced 38.03 points, or 0.75%, to close at 5,119.19. The index started the week on a positive footing and gradually extended its gains, reflecting broad-based buying interest across the digital asset market. As trading resumed on January 12, 2026, early signals pointed to a continuation of the recovery, underpinned by sustained bullish sentiment. Strong performances from leading cryptocurrencies, including Bitcoin and Ethereum, further boosted investor confidence and improved the near-term outlook for the broader digital asset space.

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.