The cryptocurrency market charged full steam forward on Aug. 11 as the worth of Bitcoin (BTC) climbed to $46,743, and bulls at the moment are taking goal on the $48,000 resistance stage as the following goal.
Knowledge from Cointelegraph Markets Professional and TradingView reveals that the largest gainers over the previous 24 hours have been IoTeX (IOTX), WINk (WIN) and Dent (DENT).
The Coinbase itemizing bump continues for IOTX
IOTX continued its scorching streak on Wednesday because the altcoins took the place as the highest 24-hour gainer for the third day in a row. The positive aspects seem like linked to the Aug. 11 announcement that Coinbase could be itemizing the token.
Knowledge from Cointelegraph Markets Professional reveals that the altcoin has rallied 322% since bottoming at $0.0293 on Aug. 10. The present surge lifted IOTX to a brand new all-time excessive at $0.124 on Aug. 11 as its 24-hour buying and selling quantity reached $2.75 billion.
VORTECS™ knowledge from Cointelegraph Markets Professional started to detect a bullish outlook for IOTX on Aug. 10, previous to the current worth rise.
The VORTECS™ Rating, unique to Cointelegraph, is an algorithmic comparability of historic and present market circumstances derived from a mixture of knowledge factors, together with market sentiment, buying and selling quantity, current worth actions and Twitter exercise.
As seen within the chart above, the VORTECS™ Rating for IOTX elevated into the inexperienced zone and reached a excessive of 70 on Aug. 10, round 5 hours earlier than its worth elevated 322% over the following day.
WIN/USDT
WINk, a Tron-based oracle venture, had the second-largest achieve prior to now 24 hours. The probably catalyst behind the transfer is rising neighborhood pleasure over new staking and liquidity supplier alternatives, in addition to the venture’s gaming and nonfungible token options.
Knowledge from TradingView reveals that the worth of WIN rallied 80% from a low of $0.00046 on Aug. 10 to an intraday excessive at $0.00084 on Aug. 11, as its 24-hour buying and selling quantity elevated by 343%.
WINkLink protocol has now accomplished its transition from being a strictly gaming-focused platform to a complete oracle system able to connecting real-world knowledge by its good contracts.
Associated: US greenback downturn aids Bitcoin bulls earlier than $50K BTC worth showdown
DENT/USD
Dent, a mobile-focused protocol, rounded out the highest three performers prior to now 24 hours by placing on a 30.5% achieve to $0.000456 as its 24-hour buying and selling quantity spiked by 200%.
VORTECS™ knowledge from Cointelegraph Markets Professional started to detect a bullish outlook for DENT on Aug. 7, previous to the current worth rise.
As seen within the chart above, the VORTECS™ Rating for DENT climbed into the inexperienced zone starting Aug. 7 and reached a excessive of 75 on Aug. 9, round 44 hours earlier than its worth started to extend 44% over the following day.
The general cryptocurrency market cap now stands at $1.935 trillion, and Bitcoin’s dominance charge is 45%.
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