Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Murano Announces Enhancements to its Core Strategy with Bitcoin (BTC) Treasury Initiative Following Execution of Up to $500 Million Standby Equity Purchase Agreement (SEPA)

July 7, 2025

Ethereum Continues Outperforming Institutional Capital Flows As Investors Pour $1,040,000,000 Into Crypto Products: CoinShares

July 7, 2025

Crypto Price Prediction 2025: BTC, ETH, BNB, ADA, LINK, AVAX, ARB, DOT, SOL

July 7, 2025

Which crypto will explode in 2025?

July 7, 2025

$108k CME gap may trigger short-term pullback

July 7, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Bitcoin’s Liquidity Lifeline Just Got Cut—What You Need To Know

    July 7, 2025

    Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

    July 7, 2025

    Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

    July 7, 2025

    Traders Bet Against Bitcoin Rally as Funding Rates Slide on Binance

    July 7, 2025

    XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029

    July 7, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Crypto News » Bitcoin (BTC) Touched $39K, Chainlink (LINK) Soars 7% Daily (Weekend Watch)
Crypto News

Bitcoin (BTC) Touched $39K, Chainlink (LINK) Soars 7% Daily (Weekend Watch)

Crypto Observer StaffBy Crypto Observer StaffDecember 2, 2023No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin initiated another impressive leg-up in the past 24 hours that resulted in charting a new 19-month peak at $39,000.

Most altcoins followed suit, with SOL defending the $60 level, ETH remaining above $2,100, and ADA nearing $0.4.

BTC Tapped $39K

The business week started on a negative note as BTC slipped below $37,000 on Monday and failed to overcome that level on Tuesday morning. The situation started to change by the end of the day and, particularly on Wednesday, when it soared past $38,000 on a few occasions.

Choppy waters followed in the next few days until Friday arrived. The beginning of the last month of 2023 brought some more joy for the bulls, and bitcoin shot up by another grand and reached $39,000. This is a price tag the asset hadn’t seen since early May 2022.

Despite losing a few hundred dollars since then, the primary cryptocurrency stands close to that level, as the community anticipates a leg-up toward $40,000. These positive developments come after MicroStrategy’s latest multi-million dollar BTC purchase.

The current price tag means that bitcoin’s market cap has increased to almost $760 billion on CMC, and its dominance over the alts is back at 52%.

LINK on a Roll

Most altcoins registered minor gains yesterday, and the landscape is rather similar now. Ethereum stands still at just inches above $2,100, while XRP is above $0.6. Binance Coin has slipped below $230, but Cardano has neared $0.4. Solana is up by 2% overnight and trades north of $60.

Dogecoin, Tron, Toncoin, and Avalanche have marked minor losses, while Polygon is up by 4% and has reclaimed $0.8.

Chainlink is the top performer from the larger-cap alts, having surged by more than 7%. As a result, LINK now trades above $15.

Other worth-mentioning gainers from the mid-cap alts include NEAR, RUNE, FIL, IMX, and KAS.

The total crypto market cap has increased by over $10 billion in the past 24 hours and is now at $1.460 trillion on CMC.

Cryptocurrency Market Overview. Source: Quantify Crypto

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin’s Liquidity Lifeline Just Got Cut—What You Need To Know

July 7, 2025

Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

July 7, 2025

Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

July 7, 2025

Traders Bet Against Bitcoin Rally as Funding Rates Slide on Binance

July 7, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Murano Announces Enhancements to its Core Strategy with Bitcoin (BTC) Treasury Initiative Following Execution of Up to $500 Million Standby Equity Purchase Agreement (SEPA)

July 7, 2025

Ethereum Continues Outperforming Institutional Capital Flows As Investors Pour $1,040,000,000 Into Crypto Products: CoinShares

July 7, 2025

Crypto Price Prediction 2025: BTC, ETH, BNB, ADA, LINK, AVAX, ARB, DOT, SOL

July 7, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

July 7, 2025

Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

July 7, 2025

Traders Bet Against Bitcoin Rally as Funding Rates Slide on Binance

July 7, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.