Bitcoin’s (BTC) recent institutional investor-driven rally has steadily pushed its price to new all-time highs and while investors are intensely focused on BTC’s price action, a number of altcoins have also secured new multi-year highs.
On. Feb. 10, the total crypto market capitalization hit a new high at $1.42 trillion less than a week after Tesla (NASDAQ:TSLA) disclosed that it purchased $1.5 billion worth of BTC.