Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month’s $4.2 billion options expiry occurred without any signs of controversy.
Data from Cointelegraph Markets and TradingView shows that after a brief dip below the $53,000 support level on April 29, the price of Bitcoin staged a 10% rally back above $57,400 by midday.
The revelation from MicroStrategy CEO Michael Saylor that the company saw a 52% surge in revenue compared to the same quarter last year will likely strengthen the argument that organizations should hold Bitcoin on their balance sheet as a way to combat inflation as well as attract new investors.
Monnaies numériques de la banque centrale (CBDC) are also gaining traction as the Bank of England revealed that it is moving ahead with plans to launch a digital pound and the central bank of France made headlines on April 29 after settled a $100 million Euro bond using a CBDC that was hosted on the Ethereum (ETH) réseau.
Altcoins show significant strength
While much of the mainstream news and focus from analysts revolves around Bitcoin and Ethereum, a handful of altcoins caught the attention of traders on Friday as their prices saw double-digit gains
One of the strongest performers of the day was IoTeX which surged 75% à un nouveau record absolu à $0.085. The blockchain project is focused on solving the issues of scalability, privacy and high operating costs which are limiting the mass adoption of the Internet of Things (IoT) écosystème.
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for IOTX on April 27, avant la récente hausse des prix.
Les VORTECS™ But, exclusif à Cointelegraph, est une comparaison algorithmique des conditions historiques et actuelles du marché, dérivée d'une combinaison de points de données incluant le sentiment du marché, volume d'échanges, mouvements de prix récents et activité Twitter.
Comme le montre le graphique ci-dessus, les VORTECS™ Score began to climb on April 26 et a atteint un sommet de 76 en avril 27 before spiking to 73 again on April 29. It’s worth noting that the VORTECS™ Score hit 73 grossièrement 10 hours before the price spiked 75% à un nouveau record absolu à $0.0857.
A second coin that has been performing well over the past couple of days and is now registering a VORTECS™ Score of 95 is PARSIQ (PRQ), an analytics platform that offers cutting-edge tools for the analysis of blockchain technology across a variety of industries.
Bullishness for PRQ was first detected on April 28 quand le VORTECS™ Score reached the green zone. The score stayed near that level (67) over the next day and then rapidly climbed to a high of 95 en avril 30 as the price of PRQ rallied higher.
A score of 95 is one of the highest scores ever registered on the VORTECS™ system, and previous instances of scores in the mid to high 90’s have been shown to precede further price appreciation, as was recently demonstrated by Polygon (MATIC) cette semaine.
Généralement, altcoins rallied across the board, boosting the total market capitalization to $2.177 trillion while Bitcoin’s dominance rate slipped to 48.8%.
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Bloquons les annonces! (Pourquoi?)
La source: Cointelegraph