Monero (XMR) has emerged as a relative outperformer over the past 24-48 hours, with the privacy-focused cryptocurrency gaining ground as traders rotate into privacy assets during a broader market selloff. On June 4, XMR traded at $357.31, up 7.11% on the day with $132.82 million in 24-hour volume. The rally reflects a sector-wide move rather than a Monero-specific catalyst, as privacy coins collectively gained more than 8% during the same period.