Monero (XMR) has recently surged to a new record high, driven by renewed investor appetite for privacy-centric digital assets. This upward momentum for XMR suggests a re-emerging 'privacy trade' within the broader crypto market, even as analysts note that uneven liquidity could introduce complexity into price signals for these specialized coins.

Meanwhile, social media platform X is enhancing its functionality by planning the introduction of 'Smart Cashtags'. This feature will allow users to turn cryptocurrency and stock ticker symbols within their posts into dynamic links, providing direct access to live price data and other asset-specific information, potentially increasing crypto visibility and engagement on the platform.