Bitcoin has struggled to break back over the psychological $10,000 mark in recent weeks but not all cryptocurrencies are treading water, with top 15 token tezos soaring—though some think bitcoin could be about to "explode." While bitcoin, the world's original and most valuable cryptocurrency, has risen almost three-fold over the last 12 months, tezos has rallied some 400%—climbing from under $0.40 per tezos token in February 2019 to just over $2 today. Bitcoin has failed to move much above its recent highs, falling back after surging higher over the ... [+] weekend. CoinbaseTezos’ XTZ tokens began trading in late 2017 at the height of global bitcoin and crypto mania after the Switzerland-based non-profit Tezos Foundation raised $232 million in an initial coin offering. At its peak, tezos was worth a little over $10 per XTZ token but lost over 95% of its value throughout the dire so-called crypto winter of 2018-2019.

Source: Forbes February 03, 2020 19:25 UTC