Bitcoin and most larger-cap alts are slightly in the green since yesterday's price drops, while LINK went on a tear with a double-digit surge.
Bitcoin and most larger-cap alts are slightly in the green since yesterday’s price drops, while LINK went on a tear with a double-digit surge.
After the enhanced fluctuations in the past several days, bitcoin finally calmed around $42,000. The situation with the altcoin is quite similar, except for Chainlink. LINK surged by 13% and trades above $26.It’s safe to say that the past few days didn’t go well for the primary cryptocurrency. On January 5th, it traded at $47,000 after failing to overcome $48,000 despite numerous attempts.
This is where the landscape changed rapidly for the worse. Bitcoin started to lose value vigorously and dropped by $4,000 in hours, as reported on Thursday. BTC stayed there for a while, but another initiative from the bearsThis became its lowest price point since late September. After that, BTC fluctuated a bit more, leading toAs of now, the asset has recovered some ground and stands around $42,000, and its market capitalization is just shy of $800 billion.
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