Bitcoin stood its ground above $43,000 during the European morning on Friday, maintaining gains of around 2% in the last 24 hours. The CoinDesk 20 Index, which provides a weighted performance of the top digital assets, is up over 3.2%, with Chainlink’s LINK leading the charge. LINK reached a 22-month high above $18 having gained nearly 30% in the last week, comfortably beating major cryptocurrencies like BTC and ETH. The rally marks a bullish breakout from the three-month range that’s seen it stuck between $13 and $17, and signals a continuation of a comeback from June 2023 lows near $5.
Related posts
-
Bitcoin Price Comeback: Can It Regain Ground?
Bitcoin price started a recovery wave above the $95,000 level. BTC might continue to rise if... -
Bitcoin ETFs Bleed $226M While Ethereum Funds Feast on $130M Windfall
U.S. spot bitcoin exchange-traded funds (ETFs) took a hit the day before Christmas Eve, while ethereum... -
Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops
Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the...