Bitcoin (BTC) reaches a 10-day high, Chainlink (LINK) soars by 7%: To watch this weekend.

The gradual rise in the price of Bitcoin has continued over the past few hours as the asset has slowly climbed to a 10-day high of over $118,000.
Some altcoins have doubled their recent gains, including LINK, which has surged by nearly 7% to trade above $22. BTC has reached its August peak.
The current month has not started well for the leading cryptocurrency, as it dropped to a several-week low of $112,000 just three days after the start. This occurred due to ongoing political tensions between some of the major powers, which included the movement of nuclear submarines.
However, the asset reacted well to this decline and began to recover almost immediately. In just a few days, by last Friday, Bitcoin was already knocking at the door of $117,000. Although it encountered some resistance there, the bulls were persistent and managed to break through on Saturday.
They have maintained pressure in recent hours as well, helping BTC break the 118,000 $ mark. As a result, bitcoin reached a ten-day high of around 118,500 $ earlier today. Although it has lost some ground since, it is still up about 1 % on the day.
Its market capitalization has increased to $2.355 trillion on CG, while its dominance over alts has risen to 58.4% after the drop to 58% yesterday. LINK Pumps
However, the asset reacted well to this decline and began to recover almost immediately. In just a few days, by last Friday, Bitcoin was already knocking at the door of $117,000. Although it encountered some resistance there, the bulls were persistent and managed to break through on Saturday.
They have maintained pressure in recent hours as well, helping BTC surpass the $118,000 mark. As a result, bitcoin reached a ten-day high around $118,500 earlier today. Despite a slight decline since then, it is still up about 1% on the day.
Its market capitalization increased to $2.355 trillion on CG, while its dominance over alts increased to 58.4% after falling to 58% yesterday. LINK Pumps
Many altcoins recorded huge gains yesterday, including ETH, which climbed to its highest price levels since late 2021 at over $4,200. Most have lost a bit of traction today, which is somewhat expected, but ETH has managed to hold this level.
LINK has emerged as today's best performer among large-cap altcoins, gaining about 7% and exceeding $22.
On the other hand, XRP, BNB, SOL, DOGE, ADA, BCH, HBAR, XLM, and SUI are slightly in the red after the recent increases.
The total market capitalization of cryptocurrencies has remained above 4 trillion dollars, which is 200 billion dollars above the low reached on Thursday.
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