Altcoins move higher as Bitcoin bull flag points toward $50K BTC price
Select altcoins continue to hit new yearly highs, while a bull flag on Bitcoin suggests traders are preparing for a run at $50,000. Growing institutional interest in Bitcoin (BTC) helped elevate the top cryptocurrency to a new record high on Feb. 9 and led to a total market cap value higher than the market cap of the Russian ruble. Data from Cointelegraph Markets and TradingView shows Bitcoin established a new all-time high of $48,220 in the early hours on Tuesday and has since pulled back to $47,092, marking a 9.24% increase over the past 24-hours. BTC/USDT 4-hour chart. Source:....
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