Bitcoin Technical Analysis: BTC/USD is ready for another attempt at cracking $12,000
Bitcoin has been somewhat flat in the past two days after a dip to $10,583 caused by someone placing several large orders on Binance’s quarterly futures contract. The whale made Bitcoin price almost reach $100,000 on Binance and triggered bots in the spot market creating a massive sell wave.
Ethereum Technical Analysis: ETH/USD gets rejected from $400 again
The price of Ethereum hasn’t changed much during the past few days despite the massive flash crash down to $330 suffered on August 2. The digital asset is currently fighting to stay above $400 but will not face a lot of resistance until $500.
Chainlink Market Update: LINK/USD jumps to a all-time high amid threats from Zeus Capital
Unknown individuals acting on behalf of the British investment bank Zeus Capital threatened to sue Chainlink (LINK) supporters.
They pointed to the coin’s flash-crash on August 2 when its price dropped by 10% within an hour. A few hours later, the price soared by 14.7%. During early Asian hours, LINK hit the all-time high at $9.75. At the time of writing, the coin is changing hands at $9.44 with over 15% gains in the recent 24 hours.