United States senators have requested information from Silvergate Capital regarding the firm's association with FTX.
Over the past few months, despite COVID19 and the halving event, Bitcoin price has remained somewhat stable. With a $9 680,37 USD high over the last 30 days and a low of $8 975,53 USD, the cryptocurrency hasn’t broken in either direction, holding an approximate trading value in place fairly well.
Bitcoin Price Over The Past Month
Looking at the data, it’s clear that the token is tight between just below the $9,000 USD mark and $9,700 USD, with a steady graph hugging the resistance and support.
Despite Bitcoin’s Stability, Chainlink Surges
Chainlink (LINK) on the other hand, has been enjoying a massive upsurge in price over the past month. The altcoin recently broke its all-time-high to see a price tag of $8,80 USD, over double the value it held a month ago when it was trading at $4,15 USD.
This new push in value has sent Chainlink into the top ten traded tokens on CoinMarketCap, as it overtook Litecoin, EOS and Crypto.com Coin. At present, Chainlink is still trading in the green in daily trading, with a 2.16% increase. However, it’s uncertain whether the altcoin will see a second surge, continue to rally, or whether it will be facing a dip of traders decide to sell. Should this be the case, Chainklink’s surge might looking at a classic pump-and-dump situation.