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

   2019-04-01 01:04



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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
Bitcoin9,273.0 0.21 % 3.14 % 6.28 %
Ethereum175.18 0.32 % 1.95 % 3.49 %
XRP0.2349 0.71 % 0.60 % 0.82 %
Bitcoin Cash379.43 1.27 % 3.73 % 10.38 %
Bitcoin SV282.86 1.54 % 1.68 % 10.29 %
Tether0.9978 0.00 % 0.01 % 0.01 %
EOS3.990 0.53 % 1.47 % 9.33 %
Litecoin59.57 1.24 % 1.69 % 3.40 %
Binance Coin17.93 0.41 % 1.28 % 0.97 %
Cardano0.05477 1.51 % 9.28 % 20.00 %
Ethereum Classic12.13 2.33 % 11.78 % 36.05 %
TRON0.01863 0.92 % 3.17 % 8.19 %
Stellar0.06058 0.81 % 0.69 % 3.48 %
Monero67.95 0.21 % 3.13 % 3.13 %
Tezos1.560 0.99 % 3.07 % 2.07 %
Dash115.60 0.72 % 2.07 % 4.42 %
ChainLink2.680 0.86 % 2.70 % 0.61 %
LEO Token0.9062 0.18 % 0.40 % 1.12 %
OKB3.110 0.83 % 5.04 % 5.69 %
Cosmos4.380 0.17 % 2.74 % 5.64 %