Signs that an altseason is underway are beginning to increase across the cryptocurrency market after numerous altcoins posted double-digit gains on Aug. 31. Meanwhile, the price of Bitcoin (BTC) continued to face headwinds and the digital asset trades at $47,100.
The top altcoin Ether (ETH) looks poised to stage a 40% rally against BTC according to analysts, and a 5% gain in the ETH/BTC pair on Tuesday is thought to be the fuel behind altcoins which rallied more than 30% today.
Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro
Metal Pay expands to Georgia
MTL, the top-performing token, is the native cryptocurrency of the Metal Pay platform which touts itself as “the easiest way to buy, sell and trade crypto.”
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish