- On Friday, the Chainlink (LINK) token soared by around 6.45% following a rally in Bitcoin (BTC), which sparked euphoria among the crypto traders.
- LINK soared near its monthly peak at around $9.81, increasing its chance for a major breakout if it manages to hold above this position.
- There is also positive development in the ongoing ceasefire between the U.S. and Iran, where Iran’s Foreign Minister announced that passage for all commercial vessels through the Strait of Hormuz is declared “completely open.”
On April 17, Chainlink (LINK) price soared by around 6.45% following a bullish sentiment in the crypto market after Bitcoin (BTC) rallied near $78,000 on a daily chart.
According to CoinMarketCap, LINK is currently trading at around $9.81, around its monthly high, thanks to its whopping market capitalization of $7.11 billion. The daily trading volume also soared by around $807.25 million
Chainlink Witnesses Rally Following Bullish Sentiment in Crypto Market
The surge in LINK...
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