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Other cryptocurrencies also show dynamic growth. On the daily charts of the top 10 CoinMarketCap, the coins added from 2% (Chainlink/LINK) to 32% (Binance Coin/BNB).
The correlation between the crypto market and Bitcoin is huge. As soon as the first cryptocurrency goes into growth, the graphics of the rest turn green. Now retail interest has become a good incentive for the market. It didn't appear on its own.
The investment of Tesla, Grayscale and other institutional investors was the impetus for the rise in the price of Bitcoin. Bitcoin and cryptocurrencies can now be bought through PayPal. Cryptocurrencies are actively engaged in Visa and Mastercard.
Also, the interest of retail investors is fueled speculatively by posts by celebrities, including Snoop Dogg, Elon Musk. This is not bad, the main thing is that the next growth is not followed by a pullback.