The crypto market is finally showing signs of life after a painful first quarter.
The total value of all cryptocurrencies, also known as total market capitalization, jumped above $300 billion on Thursday and was last seen at $325 billion, the highest level since March 26, according to CoinMarketCap.
Also, the total market capitalization has jumped 31 percent in the week ended Friday.
The much-needed relief rally in the broad crypto markets could be associated with bitcoin's 21 percent weekly gain. The world's largest cryptocurrency defended the key 50-week moving average support in the first half of the week before rising to 2.5-week highs above $8,200 Friday.
Meanwhile, ethereum's native cryptocurrency, ETH, appreciated 38 percent week-on-week and is the top-performing major coin. Ripple's XRP and bitcoin cash gained 32.8 percent and 23.9 percent, respectively.
However, a look at the performance of the top 25 cryptocurrencies reveals that verge's XVG tok..