The post Top Altcoins Attracting Whales: Major Bullish Upswing Expected appeared first on Coinpedia Fintech News
The altcoin industry has gradually gained bullish momentum as Bitcoin’s (BTC) price struggled to pump beyond $72k in the past four months. Binance’s native coin, BNB, led the altcoin industry in bullish sentiment after it pumped towards a new all-time high (ATH) above $700.
The renewed Bitcoin interest from institutional investors, depicted by the high cash inflows to the United States-based spot BTC ETF, has significantly helped improve the altcoins’ liquidity.
Moreover, more global investors are confident in the longevity of the crypto industry beyond the ongoing bull market.