Chainlink (LINK) Jumps 8.36% to $13.03 as Bitcoin Rebound Lifts Altcoins
- —LINK rose 8.36% in 24 hours to $13.03
- —Daily volume of $637 million, 57% above the 30-day average
- —Weekly return +13.79%, monthly +14.70%
- —RSI at 65.1 and stochastic at 95.6 point to overbought conditions
Why it matters: LINK's rally is mostly market beta from Bitcoin's short squeeze, so a reversal could be equally swift if BTC loses the $85,000 level.
Source: DiarioBitcoin