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Tezos (XTZ) and Bitcoin (BTC) Have Outperformed Other Major Cryptos in 2019

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  • Alex Dovbnya
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    Tezos (XTZ) is on track to become the dark horse winner of the 2019 cryptocurrency race

Tezos (XTZ) and Bitcoin (BTC) Have Outperformed Other Major Cryptos in 2019
Cover image via 123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Alistair Milne, the CIO of the Altana Digital Currency Fund, has published the list of best-performing major cryptocurrencies. Tezos (XTZ) topped the list with a 160 percent year-to-date increase.

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Tezos races ahead of Bitcoin

As reported by U.Today, XTZ has been on a roll since it became available for staking on Coinbase, the leading US-based cryptocurrency exchange. Back then, its price surged by nearly seventy percent. Even when the whole market got engulfed in bloodshed, the coin managed to stay in the green. As of now, it is the 13th biggest cryptocurrency coin by market cap after recently losing 12th place to Tron (TRX)

Bitcoin still reaps the fruits of its stellar Q2 when its price spiked to a yearly high of $13,700. Even despite recent price woes, BTC is still up by an impressive 92 percent, which means that it has so far significantly outperformed global equities, gold, and other old-school assets. Litecoin (LTC) comes third with a 48 percent increase. The silver to Bitcoin's gold has struggled big time since the halvening event that took place back in August. 

Bitcoin Cash (BCH) closes the top five with a 34 percent increase. However, as reported by U.Today, Roger Vet believes that the price of the controversial Bitcoin fork could increase 1,000 times

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Stellar and XRP are top losers

When it comes to the worst-performing top coins, Stellar (XLM) takes the cake with a 50 percent price decrease. Ironically, Ripple's XRP is right behind XLM -- the token's price lost 39 percent of its value this year. Despite Justin Sun's marketing attempts, Tron (TRX) is also in the flop territory. The Twitter-loving CEO is yet to deliver on his promise of bringing the token back to the top 10.   

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Bitcoin Price Predicted to "Rocket Up." $7,400 Level Reclaimed by Bulls

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  • Alex Dovbnya
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    The Bitcoin price could soon touch $7,800 if bulls persist, but this move could be a short-lived one

Bitcoin Price Predicted to "Rocket Up." $7,400 Level Reclaimed by Bulls
Cover image via u.today

Popular crypto trader Wendy O recently predicted that the price of Bitcoin would "rocket up" if it managed to surge above the $7,400 level. 

Bitcoin Price
image by @CryptoWendyO

Shortly after that, the BTC price did rise above the aforementioned level, currently sitting at $7,444, according to CoinStats data

Bitcoin Price
image by coinstats.app

If the aforementioned forecast turns out to be accurate, Bitcoin traders could soon see another fakeout, which would be similar to the one that took place on Dec. 4. As reported by U.Today, BTC printed a massive green candle in less than a minute, but this unexpected pump quickly evaporated.     

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Earlier today, multiple traders predicted that Bitcoin was about to make a big move in either direction, but $7,800 seems to be the main area of interest for them. The leading cryptocurrency hasn't touch this level since Nov. 30. 

Only the most important posts per day. Infographics, analytics, reviews & summaries. Follow us on Facebook!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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