Black_background_logo_BitcoinWorld-removebg-preview
ChainLink (Nairametrics)
Latest News

Chainlink Surpasses Bitcoin Cash In Major Turnover

ChainLink (Nairametrics)
ChainLink (Nairametrics)

Chainlink has been breaking records in the recent past and it continues to scale new heights. In a major turn of events, Chainlink which was once priced at $0.73 has now went up to the the price of $15.81.

In fact, Chainlink has gained more than Bitcoin and Ethereum in the current market as it dominates the market growth. The cryptocurrency has now surpassed Bitcoin Cash with a massive over 21% growth to priced at $15.81.

Significantly, the change of events for Chainlink has occurred time where all the other cryptocurrencies are diminishing on a gradual rate. The new position for Chainlink comes after it surpassed Bitcoin Cash which fell by -0.11% to record a price of $283.67.

However, the market cap for Bitcoin Cash is currently at $5,244,463,979 in comparison to the $5,532,128,334 of Chainlink.

Earlier in the day, after a period of turbulence, which saw Bitcoin resist from reaching the 12k mark, the price has now taken a dip by 4.45% as it now stands at $11,313. Similarly, Ethereum has also plunged by over 5 per cent as it is now priced at $371.28.

The drop in the prices of cryptocurrencies is significant as it comes after Bitcoin and Ethereum held their ground for a long period of time. The two top cryptocurrencies also helped the investors earn major profit with their growth rate in the recent times.

Among the top coins XRP saw a massive fall as it dropped by over 8 per cent to record its price at $12,440 while Tether dropped marginally to be rated at $9,987.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.