The last seven days were very positive overall for altcoins of all sizes. Bitcoin keeps rising convincingly but is not overshadowing altcoins anymore. Small-cap cryptos in particular registered a stellar performance with the index gaining circa 25 points. Large-caps and mid-caps were not sleeping, however, with the latter overperforming the former and BTC as well.

The rally was fueled by the news that PayPal is going to integrate BTC and crypto payoments on its platform. The news is both a great one in terms of recognition from a huge payments business player like PayPal and in terms of effective crypto usefulness given how wide PayPal network is. BTC was trading in a lateral phase and this was exactly the kind of news needed in order to take a clear direction.