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LINK Dumps by 9% Daily as BTC Falls to $94K (Weekend Watch)
The weekend has been a rollercoaster ride for the cryptocurrency market, with Bitcoin’s price action being particularly noteworthy. As of writing, the asset is trading under $94,000, a staggering fall from its previous peak.
In related news, Chainlink’s token has taken a massive hit, plummeting by nearly 10% and sinking below $22. This correction has seen many alternative coins in red as well, with AVAX, SUI, LINK, DOT, and HBAR all experiencing significant losses.
Ethereum, once considered a safe haven asset, has stopped short of falling beneath $3,400 but is now trading at around $3,360. Meanwhile, XRP and BNB are struggling to stay above their respective psychological barriers, hovering at $2.20 and $700 respectively.
As for the market capitalization, the total crypto cap has taken a significant hit, dropping by an astonishing $150 billion in merely two days.
Source: cryptopotato.com
