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 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, 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 Crypto.com.
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%.
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||61.2%||79||$28 464.06||-0.08%||3.56%||$550 339 428 246|
|2||ETH||Ethereum predictions||68.8%||61||$1 821.21||-0.06%||4.47%||$219 378 604 902|
|3||USDT||Tether predictions||92.8%||1||$1.000305||0.01%||-0.04%||$79 718 134 880|
|4||BNB||Binance Coin predictions||74.4%||55||$314.89||-0.67%||-2.40%||$49 718 142 531|
|5||USDC||USD Coin predictions||92.8%||2||$0.999802||0%||0.02%||$32 521 009 846|
|6||XRP||XRP predictions||61.2%||82||$0.509747||-5.31%||14.63%||$26 342 796 029|
|7||HEX||HEX predictions||64.8%||68||$0.079425||-10.16%||-5.23%||$13 773 256 366|
|8||ADA||Cardano predictions||76.8%||41||$0.393356||-1.40%||11.74%||$13 666 228 073|
|9||DOGE||Dogecoin predictions||82%||23||$0.081783||6.05%||10.46%||$11 348 676 475|
|10||STETH||Lido stETH predictions||91.2%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||MATIC||Polygon predictions||84.8%||26||$1.11||-0.66%||3.06%||$10 094 693 708|
|12||SOL||Solana predictions||79.2%||36||$21.08||-0.47%||3.15%||$8 130 513 636|
|13||BUSD||Binance USD predictions||93.2%||1||$0.999558||-0.01%||0%||$7 553 845 647|
|14||DOT||Polkadot predictions||83.6%||28||$6.35||0.08%||7.44%||$7 438 756 957|
|15||LTC||Litecoin predictions||71.6%||50||$92.65||3.29%||1.22%||$6 727 455 612|
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