The rally in Monero prices entered its seventh day, causing the privacy-oriented digital currency to extend its recent gains. As a result, the digital currency extended the gains it has generated over the last week. This rally saw the price of the currency, which leverages innovative technology to shield the identity of users, reach several new highs. While Monero prices had approached $150 earlier in the week, they finally broke through this key, psychological level today. The privacy-oriented digital currency has enjoyed this rally as the broader cryptocurrency market continues to draw strong inflows from investors.

Source: Forbes August 28, 2017 23:37 UTC