Strong future growth prospects and new institutional investments appear to be backing the rally in WAVES, INJ and CELO.
Bitcoin (BTC) extended its relief rally on Tuesday and reclaimed a market capitalization above $1 trillion. While many traders panicked during Bitcoin’s recent fall below $47,000, fund manager Dan Tapiero said that he spotted a rare TD sequential buy signal during the low. The last time this signal was seen was in March 2020 when Bitcoin price traded near $3,600. Tapiero believes Bitcoin remains on target to reach $100,000 this year.However, even after the recent rise above $55,000, Bitcoin’s market dominance continues to lag at 49.5%, according to CoinMarketCap data. This shows that crypto investors are focusing on altcoins, with several hitting new all-time highs.Crypto market data daily view. Source: Coin360The altcoin season is not entirely driven by retail investors. A recent report by crypto inve
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