Cryptocurrencies are set to finish the week mostly positive as $3.6 billion was added to total market capitalization. Bitcoin (BTC) appreciated nearly 4% this week as the benchmark coin trades just below the $5,300 price level. Tezos (XTZ) was the best performing major coin this week, observing a 36.29% increase to $1.31. Binance Coin (BNB) was also a top performing coin this week as the coin soared more than 32% to $23.89.
With BNB trading at $23.89/coin, the exchange-backed token appears poised to become the first major cryptocurrency to surpass its all-time high established in the early-2018 bull run – the coin is just 4.3% off its all-time high! This week, Binance launched the genesis block of its very own decentralized exchange, driving the coin’s gains this week. The decentralized exchange will serve as a platform for issuing new cryptocurrencies and initial coin offerings. Binance expects its decentralized exchange, dubbed Binance Chain, to launch its first mainnet swap on April 23rd.