{"id":356642,"date":"2021-10-22T21:40:00","date_gmt":"2021-10-22T18:40:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/altcoins-breakout-even-as-bitcoin-price-falls-to-60000\/"},"modified":"2021-10-22T21:40:00","modified_gmt":"2021-10-22T18:40:00","slug":"altcoins-breakout-even-as-bitcoin-price-falls-to-60000","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/altcoins-breakout-even-as-bitcoin-price-falls-to-60000\/","title":{"rendered":"# Altcoins breakout even as Bitcoin price falls to $60,000"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 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-6a3dd1ae6d81b\" 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-6a3dd1ae6d81b\" 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-breakout-even-as-bitcoin-price-falls-to-60000\/#THORChain_resumes_trading_on_the_Ethereum_network\" >THORChain resumes trading on the Ethereum network<\/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-breakout-even-as-bitcoin-price-falls-to-60000\/#Moonriver_expands_its_ecosystem\" >Moonriver expands its ecosystem<\/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-breakout-even-as-bitcoin-price-falls-to-60000\/#OKEx_launches_a_meme-coin_campaign\" >OKEx launches a meme-coin campaign<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Altcoins breakout even as Bitcoin price falls to $60,000 <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Today Bitcoin\u00a0price and Ether (ETH)\u00a0price pulled back to lower support levels after an exciting week that saw\u00a0BTC\u00a0soar to a new all-time high after the successful launch of two exchange-traded funds.\u00a0<\/p>\n<p>While much of the focus has been on BTC and Ether, multiple altcoins have racked up notable gains on as some traders <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ear be preparing for a possible altseason run. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-10\/9fd4e642-bc8e-47b8-afa6-cb284a8f31bd.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 THORChain (RUNE), Moonriver (MOVR) and OKB (OKB). <\/p>\n<h2><span class=\"ez-toc-section\" id=\"THORChain_resumes_trading_on_the_Ethereum_network\"><\/span>THORChain resumes trading on the Ethereum network<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>THORChain is a decentralized liquidity protocol that offers cross-chain asses to different blockchain networks and lets users retain full custody of their assets while transacting between networks.<\/p>\n<p>According to data from Cointelegraph Markets Pro, market conditions for RUNE have been favorable for some time. <\/p>\n<p>The VORTECS\u2122 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 <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\/2021-10\/5ab59bf4-aa5a-467f-ac19-39d01c8b667c.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. RUNE price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for RUNE has been elevated in the green zone for the majority of the past week and reached a high of 74 on Oct. 18, around 19 hours before its price increased 60% over the next two days. <\/p>\n<p>The renewed momentum for RUNE comes following the resumption of trading on the Ethereum network, which had been halted since the protocol suffered an $8 million hack back in July of 2021. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Moonriver_expands_its_ecosystem\"><\/span>Moonriver expands its ecosystem<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Moonriver is one of the newly launched Kusama parachain protocols that is an Ethereum-compatible smart-contract platform that provides a permanently incentivized canary network. <\/p>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/MOVRUSDT\/\">TradingView<\/a> show that after hitting a low of $234 on Oct. 19, the price of MOVR has surged 75% to an intraday high at $410 on Oct. 22 as its 24-hour trading volume climbed above $59 million. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-10\/c461b702-440e-4c82-a793-589b5f63fea4.png\"><figcaption style=\"text-align: center;\"><em>MOVR\/USDT 4-hour chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>The rally seen in the price of MOVR comes as the project has established new partnerships across the cryptocurrency ecosystem, including a collaboration with The Graph protocol and an integration with SushiSwap. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Valkyrie Bitcoin futures-linked ETF launches on Nasdaq, with share prices dropping 3% in first hour<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"OKEx_launches_a_meme-coin_campaign\"><\/span>OKEx launches a meme-coin campaign<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>OKB is the native token of the Malta-based cryptocurrency exchange OKEx and it functions as the utility token for the OKEx ecosystem. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for OKB on Oct. 21, prior to the recent price rise. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-10\/e3b9c310-6ef7-433c-81eb-92ef891fc46d.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. OKB price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for OKB began to rise into the green on Oct. 21 and reached a high of 76, around nine hours before its price increased 25% over the next day. <\/p>\n<p>According to the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a>Quakes\u2122 service from Cointelegraph Markets Pro, the rally in OKB came after the exchange enabled one-click staking for USD Coin (USDC) which offers a return of 20% as well as the launch of a meme-coin campaign where users can compete to have their favorite meme coins listed on the exchange. <\/p>\n<p>The overall cryptocurrency market cap now stands at $2.51 trillion and Bitcoin\u2019s dominance rate is 45.5%.<\/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<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 News 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-breakout-even-as-bitcoin-price-falls-to-60-000\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Altcoins breakout even as Bitcoin price falls to $60,000 &#8221; Today Bitcoin\u00a0price and Ether (ETH)\u00a0price pulled back to lower support levels after an exciting week that saw\u00a0BTC\u00a0soar to a new all-time high after the successful launch of two exchange-traded funds.\u00a0 While much of the focus has been on BTC and Ether, multiple altcoins have&#8230;<\/p>\n","protected":false},"author":1,"featured_media":356643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvMzgxMzNiZWItOGM0NC00ZTc5LTg1OTAtYzRlMzFmM2I2YzZiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,74863,74868,105688,75592,73785],"class_list":["post-356642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-cryptocurrencies","tag-defi","tag-markets-pro","tag-okex","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/356642","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=356642"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/356642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/356643"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=356642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=356642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=356642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}