The LINK marines have a lot to celebrate these days as the asset is up by over 50% within the past week.
Bitcoin’s price was on a rollercoaster in the past few days, fueled by the excitement in regards to a possible spot ETF approval, but has calmed now at just over $34,000.
The altcoins are mostly in the green, with LINK and APT emerging as today’s top performers.
BTC Finally Calm at $34K
A lot can happen in the crypto markets in the span of just a few days. During the weekend, which was about four days ago, the primary cryptocurrency was fighting with the coveted $30,000 line. It saw minor success but couldn’t really conquer that level decisively.
It did so on Monday and jumped to several hundred dollars above it. Nevertheless, Tuesday morning saw the most notable price surge in a long time, as BTC skyrocketed by over four grand in hours to chart its highest price tag in a year and a half at $35,200.
This came amid new speculation about the potential approval of BlackRock’s spot Bitcoin ETF application and a certain ticker that was coming on and off.
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Bitcoin finally calmed after this massive rally and has actually lost about $1,000 since then. Nevertheless, it still trades at above $34,000, following a 20% weekly surge.
Its dominance over the altcoins keeps increasing and is just over 53% now, while its market cap stands still at $666 billion.
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