Monero (XMR) Falls Sharply—Funding Rates Still Point to Bullish Sentiment

TL;DR Monero fell sharply and is now hovering around $353, breaking a rally that had doubled its value since April, driven by regulatory and technical expectations. Open interest in Monero futures jumped 20% over the same period, hitting its highest level since December, reflecting increased derivatives market activity despite the price drop. Funding rates remain. . . source: https://crypto-economy.com/monero-xmr-falls-sharply-funding-rates-still-point-to-bullish-sentiment/