Bitcoin is still unable to produce any significant gains and fell below $47,000 once again. Its dominance continues to decrease, while some smaller and mid-cap altcoins outperform it. In the past 24 hours, such is the case with Chainlink, which spiked by nearly 10%.
It’s safe to say that BTC has not produced any of its enhanced volatility lately that it’s so often criticized for. The last more notable fluctuation came on December 31st when it pumped suddenly from $47,000 to $48,500 but retraced even more vigorously to $45,800 in hours.
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