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Altcoins see a 35% bounce after Bitcoin reclaims $43,000

23 Sep 2021

#Axie Infinity

LPT, COTI and AXS lead altcoins higher after ETH hits $3,000 and Bitcoin bulls take control of $43,000. The sharp correction that threatened to pull Bitcoin (BTC) and altcoin prices back toward their swing lows appears to have dissipated now that Evergrande has informed investors that it intends to make an on-time payment on its debt. With global markets feeling reassured, major equities, Bitcoin and altcoins prices all saw a rebound at the market open.

After a swift drop below $40,000 on Sept. 21, Bitcoin (BTC) now trades above $43,300 and Ether (ETH) has reclaimed the $3,000 level. Altcoins have also seen a strong recovery, with many posting up to 15% gains at the time of writing. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Livepeer (LPT), COTI (COTI) and Axie Infinity (AXS).

Livepeer lists on the Web3 Index

Livepeer is an Ethereum-based decentralized video streaming network that aims to be an alternative to traditional broadcasting solutions. VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for LPT on Sept. 21, prior to the recent price rise. The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

VORTECS™ Score for LPT began to pick up on Sept. 20 and reached a high of 71 on Sept. 21, around 19 hours before the price spiked by 36% over the next day. The jump in price for LPT comes following the launch of the Web3 Index which included Livepeer as one of the initial projects, helping to boost the visibility for the project.

COTI's treasury releases its 'tech' whitepaper

COTI, an enterprise-grade fintech platform focused on decentralized payments, is the second-largest gainer of the past 24 hours. VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for COTI on Sept. 21, prior to the recent price rise. VORTECS™ Score for COTI climbed into the green on Sept. 21 and reached a high of 77 around 10 hours before the price spiked by 35% over the next day.

The recovery in the price of COTI comes following the release of the COTI treasury technological whitepaper and the token's listing on

Axie Infinity rebounds after a prolonged downtrend

Axie Infinity (AXS) is a blockchain-based, play-to-earn trading and battling game where users collect, breed, raise and battle in-game token-based creatures known as Axies. According to data from Cointelegraph Markets Pro, market conditions for AXS have been favorable for some time.

VORTECS™ Score for AXS was in the green zone for the majority of the past week and reached a peak of 82 on Sept. 20, around 24 hours before its price climbed 33% over the next day.

The jump in price for AXS followed the token's listing on Bitfinex, an announcement that was registered by the Cointelegraph Markets Pro 'NewsQuakes™' alert system around 15 hours before its price began to rise. The overall cryptocurrency market cap now stands at $1.921 trillion and Bitcoin’s dominance rate is 42.3%.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 56.8% 92 $20 900.56 -2.20% 2.22% $398 755 492 673 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 56.8% 88 $1 202.05 -2.96% 7.07% $145 838 169 594 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $0.999239 -0.03% 0.02% $66 816 360 124 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 94% 1 $1.000002 -0.04% -0.08% $55 802 722 548 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 61.2% 88 $234.15 -2.25% 8.36% $38 231 653 209 BNB 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 93.2% 1 $1.001013 0.02% -0.03% $17 406 990 839 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 60.4% 80 $0.354798 -3.53% 9.82% $17 152 035 554 XRP 7 days price change
8 Cardano (ADA) ADA Cardano predictions 61.6% 78 $0.488369 -3.44% -1.29% $16 483 693 060 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 66% 71 $38.75 -5.93% 10.64% $13 283 462 618 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 59.6% 85 $0.072549 -2.39% 21.26% $9 625 078 747 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 59.2% 81 $7.80 -4.85% -0.49% $7 698 820 570 DOT 7 days price change
12 Dai (DAI) DAI Dai predictions 96% 1 $0.999958 -0.06% -0.09% $6 797 461 805 DAI 7 days price change
13 TRON (TRX) TRX TRON predictions 60% 88 $0.068078 3.77% 11.43% $6 296 975 066 TRX 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 62% 78 $0.000011 -4.63% 36.14% $6 074 989 804 SHIB 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 54.8% 92 $20 886.28 -2.15% 2.70% $5 526 065 366 WBTC 7 days price change

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