2020’s fuzziest bear still bites!
The holders and champions of the coin of the realm named Eagle-eyed Link Marines had seen the writing on the wall by the start of the week when LINK dabbled momentarily with prices of $22 to $23 last Monday and Tuesday.
Now, LINK has set a new high watermark of $25.45 at around 3:41 PM UTC, settling on a market cap of over $10B. Its current price is $25.13.
Chainlink’s bigger picture However, LINK’s performance is as volatile as the tempers of the Link Marines. LINK hit a new all-time high of $21 last January 15, only to crash by 20% three hours later.
Nevertheless, while Bitcoin’s bull run had attracted much spouting from all quarters, Chainlink had an even more massive year, boosting 1300% from a sheer $1.77 on New Year’s Day 2020 to its current ATH.
Other coin news…
Bitcoin temporarily dropped to a low of $28,900 this week, bringing it back down to the price it traded at last New Year’s Eve of 2020.
Bitcoin isn’t the only coin that is seeing red recently. Its namesakes, Bitcoin SV and Bitcoin Cash, are both down 3% in the past 24 hours. It continues a pullback from both Bitcoin offshoots, which has suffered around 15% losses in the past week.
At the same time, Polkadot (DOT), the fourth-largest cryptocurrency by market capitalization, has risen by 3% in the last 24 hours. Additionally, Aave’s AAVE and Tezos’s XTZ have increased by 10%, making them the 17th and 18th largest coins by market cap, consecutively.
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