{"id":327703,"date":"2021-08-19T23:00:00","date_gmt":"2021-08-19T20:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/altcoins-soar-after-bitcoin-price-bounces-off-a-key-moving-average\/"},"modified":"2021-08-19T23:00:00","modified_gmt":"2021-08-19T20:00:00","slug":"altcoins-soar-after-bitcoin-price-bounces-off-a-key-moving-average","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/altcoins-soar-after-bitcoin-price-bounces-off-a-key-moving-average\/","title":{"rendered":"# Altcoins soar after Bitcoin price bounces off a key moving average"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a26e719c39c0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a26e719c39c0\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/altcoins-soar-after-bitcoin-price-bounces-off-a-key-moving-average\/#Voyager_20_excites_investors\" >Voyager 2.0 excites investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/altcoins-soar-after-bitcoin-price-bounces-off-a-key-moving-average\/#SwissBorg_pumps_after_a_new_exchange_listing\" >SwissBorg pumps after a new exchange listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/altcoins-soar-after-bitcoin-price-bounces-off-a-key-moving-average\/#Energy_Web_Token_staking_attracts_users\" >Energy Web Token staking attracts users<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Altcoins soar after Bitcoin price bounces off a key moving average <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC) bulls finally managed to break above the $46,000 level.\u00a0<\/p>\n<p>While most altcoins were slow to warm up on Thursday, several altcoins led the way with gains in excess of 20% due to major protocol upgrades and exchange listings.  <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/9b5549f6-01c9-4d36-b0da-e33ba41df623.png\"><figcaption style=\"text-align: center;\"><em>Top 7 coins with the highest 24-hour price change. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a> shows that the biggest gainers over the past 24-hours were Voyager Token (VGX), SwissBorg (CHSB) and Energy Web Token (EWT). <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Voyager_20_excites_investors\"><\/span>Voyager 2.0 excites investors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>VGX is the native coin of the Voyager platform, a cryptocurrency broker that provides trading services to retail and institutional investors. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for VGX on Aug. 16, prior to the recent price rise. <\/p>\n<p>The VORTECS\u2122 Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> activity.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/b2e9d8a7-88ff-4e0a-9bec-d36f7c67d35b.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. VGX price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen on the chart above, the VORTECS\u2122 Score for VGX turned green on Aug.15 and proceeded to climb to a high of 85 on Aug. 16, around 46 hours before the price increased 100% over the next day. <\/p>\n<p>Excitement for the project comes as VGX and the platform are undergoing a token swap and upgrade to Voyager 2.0. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"SwissBorg_pumps_after_a_new_exchange_listing\"><\/span>SwissBorg pumps after a new exchange listing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SwissBorg is another platform focused on wealth management and it provides a community-centric environment where users can exchange and store their crypto assets.<\/p>\n<p>Data from Cointelegraph Markets Pro and CoinGecko shows that after hitting a low at $0.714 on Aug. 18, the price of CHSB spiked 35% to an intraday high at $0.973 as its 24-hour trading volume surged 445% to $16.1 million. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/66b06219-355a-41f5-ba47-5d9df53d1a16.png\"><figcaption style=\"text-align: center;\"><em>CHSB\/USDT 1-hour chart. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/swissborg\"><em>CoinGecko<\/em><\/a><\/figcaption><\/figure>\n<p>The sudden boost in momentum for the project was the result of the CHSB token being <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/bitfinex\/status\/1428384325951688709\">listed<\/a> on the Bitfinex exchange on Aug. 18 and the growing strength of the ecosystem is evidenced by the recent\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/swissborg\/status\/1427910569361870848\">revelation<\/a> that the SwissBorg community now has 450,000 verified users. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Stablecoin adoption and the future of financial inclusion<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Energy_Web_Token_staking_attracts_users\"><\/span>Energy Web Token staking attracts users<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The price of Energy Web Token also rallied today after the project debuted new staking features. According to data from Cointelegraph Markets Pro, market conditions for EWT have been favorable for some time.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/5f42d433-74db-482b-aba9-94595b61259f.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. EWT price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for EWT began to pick up on Aug. 13 and reached a high of 77 on Aug. 14, around 84 hours before the price increased 33% over the next day.<\/p>\n<p>Interest in the project has begun to rise thanks to an ongoing <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/energywebx\/status\/1425842009399513091\">series<\/a> of team member-led discussions that explain the different aspects of the protocol, including staking and the \u2018switchboard\u2019 user interface.<\/p>\n<p>The overall cryptocurrency market cap now stands at $1.954 trillion and Bitcoin\u2019s dominance rate is 43.9%.<\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/altcoins-soar-after-bitcoin-price-bounces-off-a-key-moving-average\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Altcoins soar after Bitcoin price bounces off a key moving average &#8221; The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC)&#8230;<\/p>\n","protected":false},"author":1,"featured_media":327704,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvNDA0NGM2ZWYtNjZiZC00ODVhLTgwMzktZDI0YjM0ZDBlNDcxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74937,74894,74863,74868,78717,90652,75150,105688,92052,70752,73785],"class_list":["post-327703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-bitcoin-price","tag-blockchain","tag-cryptocurrencies","tag-defi","tag-energy-consumption","tag-greenergy","tag-market-update","tag-markets-pro","tag-swissborg","tag-energy","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/327703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=327703"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/327703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/327704"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=327703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=327703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=327703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}