The cryptocurrency market has risen on Aug. 11 along with notable altcoins soaring as the price of Bitcoin (BTC) scaled to $46,743, with bulls now eyeing the $48,000 resistance level as the next objective. 

According to <a href="https://www.tradingview.com/" target="_blank" rel="nofollow noopener">TradingView data</a>, the top altcoins raised in the last 24 hours were IoTeX (IOTX), WINk (WIN), and Dent (DENT).
<h2>As Bitcoin Bulls Rally Beyond $48,000, Altcoins Rise</h2>
IoTeX (IOTX) resumed its hot run on Wednesday, becoming the top 24-hour gainer for the third day in a straight. The gains appear to be related to Coinbase's <a href="https://twitter.com/CoinbasePro/status/1425125906016784384" target="_blank" rel="nofollow noopener">statement </a>on August 11 that it will list the coin.

According to data, the cryptocurrency has risen 322% since hitting a low of $0.0293 on August 10. IOTX achieved a new all-time high of $0.124 on Aug. 11 as its 24-hour trading volume topped $2.75 billion.

VORTECSTM data began to indicate an optimistic perspective for IOTX on Aug. 10, before the latest price surge.

The VORTECS Score is an analytical assessment of historical and present market circumstances based on a variety of data sources such as market opinion, trading volume, recent price changes, and Twitter activity.

IOTX’s VORTECS Score rose into the green zone, reaching a peak of 70 on Aug. 10, just five hours before its price soared 322 percent the next day.
<h2>WIN/USDT</h2>
WINk, a Tron-based oracle project, earned the second-highest gain in the previous 24 hours. Growing community excitement over new <a href="https://twitter.com/WinkLink_Oracle/status/1424614355786625024" target="_blank" rel="nofollow noopener">staking </a>and liquidity provider options, as well as the project's <a href="https://twitter.com/WinkLink_Oracle/status/1423536612424646660" target="_blank" rel="nofollow noopener">gaming </a>and nonfungible token features, is likely to be the leading force behind the move.

According to TradingView data, the price of WIN surged by 80% from a low of $0.00046 on Aug. 10 to an intraday high of $0.00084 on Aug. 11, while its 24-hour trading volume increased by 343 percent.

The WINkLink<a href="https://www.cryptoknowmics.com/news/apenft-expands-into-gamefi-with-winklink/"> protocol</a> has now transitioned from a solely gaming-focused platform to a comprehensive oracle system capable of linking real-world data via smart contracts.
<h2>DENT/USD</h2>
DENT, a mobile-focused protocol, closed out the top three performers in the previous 24 hours with a 30.5 percent raise to $0.000456 as its 24-hour trading volume increased by 200 percent.

Before the current price increase, VORTECS data began to indicate a bullish forecast for DENT on August 7.

The VORTECS Score for DENT began to climb into the green zone on August 7 and reached a peak of 75 on August 9, about 44 hours before its price began to rise 44% the following day.

The whole cryptocurrency market worth is currently $1.935 trillion, with <a href="https://www.cryptoknowmics.com/news/hodlers-gather-more-bitcoin-as-transactions-above-1m-skyrocket/">Bitcoin</a> dominating at 45%.

Altcoins Rise As Bitcoin Bulls Rally Above $48,000

IoTeX (IOTX), WINk (WIN), and Dent (DENT) were the top altcoins raised in the previous 24 hours, as bitcoin rallies above the $48k mark.

Kavya Barua is a voracious learner who is fascinated by crypto and Fintech advancements. Graduated from Janki Devi Memorial College's B.A (Hons) English program at the University of Delhi. She aspires to be a successful professional, having a keen interest in learning and achieving results.

Altcoins Rise As Bitcoin Bulls Rally Above $48,000

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