Monero prices are down by 1.6% this week to $138 per coin. This decline is more than twice as big as Bitcoin prices drop. The coin could be heading toward $125 amid regulatory pressures on crypto assets. Monero is focused on privacy and confidentiality, which is a major disadvantage in the eyes of officials. Many crypto exchanges have delisted Monero, while Huobi and Binance have disabled trading of privacy coins like Monero, ZCash and Dash in France, Italy, Spain and Poland. This disable is likely to be extended to other jurisdictions outside Europe amid increasing regulatory pressures, especially from the U.S. SEC. Middle East countries like United Arab Emirates have banned operations with privacy coins. There is no way how Monero and other privacy coin would avoid that ban to attract investors.