Tezos Price Surges 57% in Days as Coinbase Fuels Another Crypto Rally

   2019-04-01 01:04



View photos
The Tezos price exploded this week, and analysts pointed to Coinbase as the trigger for this major crypto rally. | Source: Shutterstock

The week is ending on a hugely positive note for the Tezos cryptocurrency.

Tezos Races Ahead of Wider Crypto Market

The blockchain project’s native asset XTZ today established a new weekly high towards $1.08 – up more than 17 percent in the last 24 hours. The latest push also brought the coin’s weekly gains to 57 percent, bringing the price a few steps closer to its November 19 high at $1.09.

No other top-20 cryptocurrency came close to matching the breakneck Tezos rally.

XTZ USD, XTZ PRICE, TEZOS PRICE

TEZOS’ XTZ WEEKLY PRICE PERFORMANCE | SOURCE: COINMARKETCAP.COM

Volume-wise, crypto exchanges listing XTZ-enabled pairs reported trading activity worth a little above $8.2 million. Among those were Gate.io, a China-based cryptocurrency exchange, that posted 27 percent of the total XTZ daily volume. Aside from that major slice, Tezos trading appeared well-distributed.

Interestingly, Tezos attracted considerable volume from fiat markets. On Kraken, a regulated US exchange with international markets, the euro contributed 9.23 percent of the coin’s total daily volume. At the same time – and on the same trading platform – USD accounted for $477,000, according to a 24-hour adjusted timeframe.

XTZ Rally: Fake or Genuine?

Genuine, no doubts about that.

Read the full story on CCN.com.


Original Source


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin10,942 0.54 % 0.19 % 4.81 %
Ethereum380.82 0.18 % 0.72 % 1.78 %
Tether0.9997 0.01 % 0.13 % 0.07 %
XRP0.2497 0.06 % 0.06 % 1.40 %
Polkadot4.890 0.14 % 5.93 % 4.76 %
Bitcoin Cash231.98 0.04 % 0.51 % 0.93 %
Chainlink10.48 3.95 % 4.48 % 17.54 %
Binance Coin27.01 0.07 % 0.95 % 5.06 %
Crypto.com Coin0.1660 0.26 % 0.30 % 1.43 %
Litecoin48.18 0.02 % 0.50 % 5.21 %
Bitcoin SV160.74 0.24 % 0.58 % 4.71 %
Cardano0.09124 0.24 % 0.41 % 6.57 %
EOS2.680 0.09 % 0.81 % 4.41 %
USD Coin1.000 0.21 % 0.06 % 0.20 %
TRON0.02809 0.39 % 3.58 % 16.08 %
NEO24.30 0.38 % 0.33 % 12.06 %
Tezos2.360 1.32 % 0.46 % 9.28 %
OKB6.100 0.52 % 0.22 % 7.17 %
Monero93.48 0.13 % 0.85 % 7.76 %
Stellar0.07798 0.16 % 0.32 % 7.12 %