Chainlink Jumps 7% on Cross-Chain News, Bitcoin Slipped to 18-Day Low (Market Watch)

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LINK is among the few exceptions today in the green.

any different scenarios either, and it was only during the early trading hours of Tuesday when bitcoin finally made a move.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:It wasn’t a positive one, though, as BTC slumped to $29,650 for the first time since June 30. It has managed to recover most of the losses, but it is still shaky above $30,000.

Its market cap has declined to under $585 billion, and its dominance over the alts is slightly up to 48.6%.Most altcoins were also calmer during the weekend, but the landscape now is slightly more painful. Ethereum is close to dropping below $1,900 after a 1.4% decline on a daily scale. Ripple and Binance Coin, which exchanged places last week, are down by 0.5% to $0.74 and $242, respectively.

Cardano, Dogecoin, Polkadot, Polygon, Avalanche, and Litecoin have all dropped by between 2-4% in a day. Solana, though, has dumped the most from the larger-cap alts, having lost 6.5% of value. As a result, SOL struggles at $25. Chainlink is the only notable exception from the top 50 alts. On the news of its cross-chain protocol going live, LINK has soared by 6% and trades above $7.

The total crypto market cap has lost just over $10 billion in a day and sits inches above $1.2 trillion on CMC.

 

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