After Bitcoin prices hit $ 59,000, SafePal, Bifrost, and Application Network rose.

Bitcoin started strong in the new month, reaching $ 59,053 on December 1, indicating that the bull market has started to allay fears over Fed cut talks and the emergence of a new round of hats. .

Some altcoins have also reported price increases, and expectations have surfaced for the possible 'Christmas bounce' on crypto Twitter.

According to data from Cointelegraph Market Pro and TradingView, the biggest recovery in the last 24 hours was through Application Networks (REQ), Bifrost (BFC) and SafePal (SFP).

The volume demand of the networking industry is reaching high data rates.

Application Network (REQ) is an Ethereum-based decentralized payment system that allows users to securely send and receive payments without interruption.

Cointelegraph Markets Pro's VORTECS® data began testing the REQ deal on November 28, ahead of the recent price.

The Cointelegraph VORTECS® score specializes in algorithmic comparisons of past and present markets. Recent courses and activity on Twitter.

As shown in the image above, REQ's VORTECS® score hit the green zone on November 28, peaking at 81 in 57 hours, and the price rose 98% the next day.

The REQ rate hike was driven by an increase in online gaming, with the November market jumping 32%. According to sales statistics, the number of conversions increased by 46.34% in the last 30 days and by 67.32% in the last 90 days.

Bifrost launches ChainRunner Q protocol

Bifrost (BFC) is an interconnect interface that allows developers to create an integrated protocol (DApps) that can run on multiple policies.

Data from Cointelegraph Markets Pro and TradingView showed that after hitting a low of $ 0.35 in the first session on December 1, the price of BFC rose 56.84% to an intraday high of 0.556. $. 1.3 million. Conflict.

The increase in the price of BFC is due to the release of the ChainRunner Q protocol by the Bifrost protocol. Cryptocurrency holding capital.

SafePal adds support for 9 blockchains

SafePal (SFP) is a cryptocurrency wallet that offers hardware and software options to traders holding assets from the Ethereum, Binance Smart Chain, and Tron ecosystem.

Cointelegraph Markets Pro's VORTECS® data began testing the SFP deal on November 29, ahead of the final price hike.

As shown in the figure above, SFP's VORTECS ™ scores jumped to the green zone on November 29, peaking at 81 points in 41 hours, and the rate increased 38% the next day.

SFP rates increased after the project announced it was adding support for Cardano, Nervos Network, Fantom, Avalanche, HECO Chain, Boba Network, Arbitrum, and Optimism.

Currently, the market capitalization of all cryptocurrencies is $ 2.67 trillion, and Bitcoin's market share is 41.2%.