2024-02-24
News Tobtc News

Bitcoin Jumps to Monthly Peak Above $48K, Chainlink Explodes 11% to $20

The primary cryptocurrency was trading sideways for much of the previous ten days. The asset had calmed after last week’s volatility and remained in a tight range at around $43,000 until Wednesday evening.

This is when the bulls gained control over the market and initiated a few consecutive leg-ups. At first, BTC jumped to $45,000, but that was just the beginning. The bulls kept the pressure on, and the cryptocurrency saw its price climb above $47,000 by the end of the business week.

Although most recent weekends have been quite sluggish, this one resulted in more positive price movements. Bitcoin tried to take down $48,000 yesterday, and despite failing at first, it kept pushing and did so earlier today.

Most altcoins are also in the green on a daily scale, as they have been in the past few days.

Chainlink has taken the main stage from the larger-cap alts. LINK has soared by 11% and trades above $20 for the first time in years.

Even more substantial gains come from the likes of BEAM (23%) and Ronin (14%). As such, the total crypto market cap has added about $30 billion once again overnight and stands at a local peak of $1.810 trillion on CMC.

Click to view the news source

 The latest crypto analysis and news with TOBTC

TOBTC Website:

Tobtc     Social     Tobtc linktr

TOBTC Bots:

VIP     Education

TOBTC Socials Medias :

TOBTC     TOBTC GROUP     Persian News     Global News     Crypto Price

Instagram     TOBTC     TOBTC

Sina Osivand Crypto Trading / Analyst CEO at TOBTC Trading LLC Company Founder of Laqira Protocol :

Sina Osivand     Sina Osivand     Tradingview

X (formerly Twitter) SinaOsivand (@SinaOsivand) /

X Founder of @LaqiraProtocol & CEO at TOBTC TRADING, holder of #LQR & #Bitcoin Community : https://t.co/iP8ApAOEEt