Bitcoin (BTC) Jumps to 10-Day High, Chainlink (LINK) Soars 7%: Weekend Watch
Main Idea
Bitcoin reached a 10-day peak of over $118,000, while some altcoins like LINK saw significant gains, with the total crypto market cap maintaining above $4 trillion.
Key Points
1. Bitcoin climbed to a 10-day high of around $118,500, marking a 1% increase for the day.
2. LINK surged by almost 7%, trading above $22, emerging as the top performer among larger-cap altcoins.
3. Ethereum (ETH) reached its highest price levels since late 2021, surpassing $4,200.
4. The total crypto market capitalization increased to $2.355 trillion, with Bitcoin's dominance rising to 58.4%.
5. Altcoins like XRP, BNB, SOL, DOGE, ADA, BCH, HBAR, XLM, and SUI saw slight declines after recent rallies.
Description
Bitcoin’s gradual price ascent continued in the past several hours as the asset slowly climbed to a 10-day peak of over $118,000. A few altcoins have doubled down on their recent gains, including LINK, which has rocketed by almost 7% to trade above $22. BTC Sees August Peak The current month didn’t start all that well for the primary cryptocurrency as it dipped to a multi-week low of $112,000 just three days in. This came amid ongoing political tension between some of the Great Powers, which inc...
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