As Bitcoin bulls fight to hold $40,000, small altcoins push up

Bitcoin (Bitcoin) The recent surge above $40,000 has injected healthy bullish optimism into the crypto market, further proving this from the crypto fear and greed index From “extreme” to “neutral”‘.

Data from Cointelegraph Markets Pro and Transaction view Showing the biggest gains in the past 24 hours are Linear (LINA), WazirX (WRX) and Storj (STORJ).

The top 7 tokens with the largest price changes in 24 hours. source: Cointelegraph Markets Pro

Overall market conditions continue to improve Deny the rumors now Amazon will begin accepting cryptocurrency as payment sometime in 2021, which will help drive the total market value of cryptocurrency to increase by more than $155 billion in the past three days.

Table of Contents


The best performer in the past 24 hours is Linear, which is a decentralized delta-one asset protocol that has cross-chain compatibility and can create, trade, and manage liquid synthetic assets.

VORTECS™ data comes from Cointelegraph Markets Pro Before the recent price increase, the bullish outlook for LINA began to be discovered on July 25.

Cointelegraph’s unique VORTECS™ score is an algorithmic comparison of historical and current market conditions. These data points include a combination of market sentiment, trading volume, recent price changes, and Twitter activity.

VORTECS™ score (green) and LINA price. source: Cointelegraph Markets Pro

As shown in the figure above, LINA’s VORTECS™ score began to turn green on July 24 and reached a high of 84 on July 25, just one hour before its price began to rise by 48% in the next three days.

The latest round of LINA momentum came after the agreement announced that PancakeSwap would be listed on the Linear Exchange, and this move seems to help the price recover Above its 50-day moving average.


The second biggest winner in the past 24 hours is WazirX, an exchange based in India that claims to be the fastest-growing bitcoin and cryptocurrency exchange in the country.

VORTECS™ score (green) and WRX price. source: Cointelegraph Markets Pro

As shown in the figure above, WRX’s VORTECS™ score began to turn green on July 22, reaching a high of 74, and then climbed to 71 again on July 25, approximately 7 hours before its price began to rise by 38%. Three days.

related: With the formation of a double bottom chart pattern, XRP price surged by 17%

due to”India wants encryption”The exchange’s ongoing activities aimed at helping its community participate.


Storj is an open source cloud storage platform that uses a decentralized network of nodes to host user data and provide rewards to users who donate computing resources to the network. It has also seen a strong breakthrough in the past 24 hours.

STORJ/USDT 4-hour chart. source: Transaction view

Data from Transaction view It shows that after hitting a low of US$0.85 on July 27, the price of STORJ rose 33% to an intraday high of 1.13 on July 28 after its 24-hour trading volume soared from an average of US$25 million per day to US$186 million. Dollar.

The views and opinions expressed here only represent the views of the author and do not necessarily reflect the views of Every investment and trading action involves risk, and you should conduct your own research when making a decision.