CRYPTO

Altcoins saw a 35% bounce after Bitcoin reclaimed $ 43,000


The sharp correction of the threat to push Bitcoin and Altcoin prices downwards now seems to have been severed as Evergrand informs investors that it intends to pay on time. With global markets feeling reassured, major equity, bitcoin and altcoin prices have all returned to open markets.

After falling sharply below 40 400,000 on September 21, BTC now trades above 43 43,000 and Ether (ETH) has recovered 3,000 3,000,000. Altcoins has seen a strong recovery, with many posting gains of up to 15% at the time of writing.

Top co currency with maximum 2-hour price change. Source: Cointelegraph Markets Pro

Livepeer (LPT), COTI (COTI) and Axie Infinity (AXS) have been the biggest gainers in the last 2 hours, according to data from Cointelegraph Markets Pro and TradingView.

Livepeer list in Web3 index

LivePear is an Ethereum-based decentralized video streaming network that can be seen as an alternative to traditional thematic broadcast solutions.

Data from VORTECS C Cointelegraph Markets Pro began to identify a bullish outlook for LPT on September 21 before the recent price increase.

The VORTECS ™ score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions obtained from a combination of data points, including market attitudes, trading volume, recent price movements, and Twitter activity.

VORTECS ™ Score (green) vs. LPT value. Source: Cointelegraph Markets Pro

As can be seen in the chart above, the VORTECS ™ score for LPT starts at 20 September and reaches a high of 21 September 71, 19 hours before a 36% increase over the next day.

After the price of LPT went up Get started The Web3 Index, which includes LivePear as one of the initial projects, helps increase project visibility.

COTI’s Treasury publishes its ‘Tech’ white paper

COTI, an enterprise-grade fintech platform that focuses on decentralized payments, is the second largest gainer in the last 2-hours.

Data from VORTECS C Cointelegraph Markets Pro began to identify a bullish outlook for COTI on September 21 before the recent price increase.

VORTECS ™ Score (green) vs. COTI value. Source: Cointelegraph Markets Pro

As can be seen in the chart above, the VORTECS জন্য score for COTI on September 2 rose above the green and reached a high of 77 about 10 hours before the price rose 35% the next day.

COTI’s price recovery follows Release COTI Treasury Technical White Paper and List of Tokens at Crypto.com.

Related: Snow recovery from Evergrand-led sales as AVAX exceeds 30%

Axis Infinity returns after a long downtrain

Ax Infinity (AXS) is a blockchain-based, play-to-earn trading and battle game where users collect, breed, grow and fight token-based animals known as Axies.

According to data from Cointelegraph Markets Pro, market conditions were favorable for AXS for some time.

VORTECS ™ Score (green) vs. AXS value. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS ore score for AXS was in the green zone for most of last week and peaked at 82 on September 20, about 24 hours before its price rose 33% the next day.

AXS price hike Following the list of tokens on BitFinex, an announcement that was registered by Cointelegraph Markets Pro ‘NewsQuakes ™’ alert system, 15 hours before the price increase.

The overall cryptocurrency market cap is now 1.921 trillion and the dominance rate of Bitcoin is 42.3%.

The opinions and opinions expressed here do not necessarily reflect the views of the author and Cointelegraph.com. With every investment and trading move involving risk, you should conduct your own research when making decisions.