Summary
Bitcoin maintained gains of around 2% above $43,000 during the European morning on Friday. The CoinDesk 20 Index, which tracks the performance of top digital assets, is up over 3.2%, with Chainlink’s LINK leading the charge. LINK reached a 22-month high above $18, gaining nearly 30% in the last week, outperforming major cryptocurrencies like BTC and ETH. This rally signifies a bullish breakout from a three-month range and indicates a continuation of the comeback from June 2023 lows near $5.
Key Points
1. Bitcoin maintains gains above $43,000, with a 2% increase in the last 24 hours.
2. Chainlink’s LINK reaches a 22-month high above $18, outperforming major cryptocurrencies like BTC and ETH.
3. LINK’s rally indicates a bullish breakout from a three-month range, suggesting a continuation of its comeback from June 2023 lows near $5.