Monero Price Jumps to $281 Amidst Regulatory Pressure and Exchange Delistings

Monero (XMR) has experienced a significant price surge, rising over 3% to hit $281 within 24 hours, as traders react to intensified regulatory pressure against privacy-focused cryptocurrencies. This surge coincides with major centralized exchanges removing Monero from their platforms in response to regulatory demands. Trading volume surged by an astounding 3,900%, fueled by a panicked scramble among users to buy, sell, or transfer the coin before further access restrictions are imposed.