As we enter the weekend crypto markets are up a little and have held off further selling pressure. Total market capitalization is holding just below $270 billion and Bitcoin has been consolidating for a few days. At the moment it is trading 1.3% higher on the day at $6,660 while Ethereum is up 2% to a little over $470. The altcoins are a mixed bag but some are posting very strong gains at the moment and among them is Tezos which is leading the fomo charge this Saturday.
According to Coinmarketcap Tezos is up 35% on the day trading at $1.73 from $1.16 this time yesterday. Over the week the trade price has plunged over 60% from $4.4 this time last weekend and larger losses have occurred over the past month. Against Bitcoin XTZ has climbed 32% on the day to 26000 satoshis from 18000 sats this time yesterday. On the week though Tezos has lost 62% against Bitcoin falling from 70000 satoshis this time last Saturday.
