The cryptocurrency market once again finds itself waiting for some form of catalyst to get the prices moving and this week commenced with the market moving sideways as Bitcoin struggles to find its footing near $48,000.
Several altcoins have managed to break free of the wider market malaise and post impressive gains, giving credence to Cointelegraph’s Markets Pro data intelligence service which is now indicating that altseason has arrived.
Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro
Celo launches a “DeFi for the people” initiative
The top gainer over the past 24-hours was Celo, a blockchain ecosystem that focuses on increasing cryptocurrency adoption among smartphone users as a way to help increase global financial inclusion.
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for CELO on Aug. 29, prior