Tezos (XTZ) cryptocurrency currently experiences a rapid increase of 7.7% today and reaches a new mark of $7.29. This week, Tezos is turning into a rich story, while bitcoin cannot find the momentum to fully recover after a major price drop on Tuesday. Bitcoin (BTC) fell below the critical weekly closing target on Friday, as analysis warned that its multi-week uptrend is under threat. As bitcoin approaches the $1,500 mark below the higher minimum target at the time of writing, it has a lot of work left for the weekend to ensure a more bullish close by the end of Sunday. As for altcoins, a curious picture developed on Friday, when investors mysteriously piled on Tezos (XTZ). After standard steps in line with most major altcoins, XTZ / USD suddenly began to grow, gaining 24% in a day to become the most effective cryptocurrency. The pair reached $ 6.53, the highest level since mid-May.
Finance and Business Reporter