Don't have enough of a clue but what I'm reading is that Binance is under pressure from the USG to tank XMR and that they also want to do so because they don't have reserves to back their account holders' holdings. But who the eff knows really. Right now it seems to be hanging tough around USD120 which is well off the low of less than USD100.
@Cgunshow:
Not quite the day I was hoping for yesterday. The future looks bright things will work themselves out but holy shit…. Not again. I hope everyone’s week started much better than mine did take care be vigilant, and have a blessed week