BTC Rangebound as LINK Surges by Over 11%
Bitcoin (BTC) has been trading within a well-defined range between $83,000 and $85,000. The primary cryptocurrency reached a high of over $87,000 earlier in the week but was unable to break through this barrier. It currently sits at just over $82,000 after a rebound from a dip below $84,000.
Ethereum (ETH) has also seen significant gains, rising past $2,700 once again. Other altcoins like Chainlink's LINK and Stellar (XLM) have stolen the show with double-digit surges in price.
Chainlink's LINK has soared by over 11% in a day and now sits above $15, while XLM has posted a similar jump to around $0.23. HBAR has surged by 20% and now trades close to $0.12.