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Avalanche (AVAX), Matic and Celo rally while Bitcoin price pulls back

Published 02/10/2021, 08:00 PM
Updated 02/10/2021, 09:40 PM
Avalanche (AVAX), Matic and Celo rally while Bitcoin price pulls back
TSLA
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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.

AVAX/USDT 4-hour chart. Source: TradingView
Pangolin DEX liquidity. Source: Pangolin
Cointelegraph Markets Pro - VORTECS™ Score (green) vs. AVAX Price
MATIC/USDT 4-hour chart. Source: TradingView
CELO/USDT 4-hour chart. Source: TradingView

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