Bitcoin has reached a new record high while Chainlink shows a significant 15% increase.
BTC's New Peak
Bitcoin demonstrated an impressive growth this week, breaching $109,000 after a dip below $100,000. Last Monday, the largest digital asset plunged below $90,000 for the first time since November. However, BTC quickly recovered and by week's end had surged past $100,000 due to favorable CPI data. Despite attention on Trump's meme coin, bitcoin maintained its position, climbing to $106,000 on Sunday. It then skyrocketed today to reach a new high of $109,000, increasing its market cap to $2.14 trillion.
LINK on the Move
Most altcoins also faced significant volatility but turned positive by the day's end. Ethereum reached $3,400 after a 5.5% daily increase. Chainlink led the growth with a 15% surge, now priced over $26. Other tokens such as ADA, XRP, BNB, DOGE, and AVAX also showed positive dynamics.
Crypto Market Overview
The total cryptocurrency market capitalization increased by over $100 billion from the previous day, surpassing $3.86 trillion. Despite price fluctuations in some meme coins such as TRUMP and MELANIA, the market remains stable with an overall upward trend.
Bitcoin and Chainlink have emerged as key players today, driving the overall cryptocurrency market upwards, reaffirming investor interest in digital assets.
