TL;DR
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Bitcoin has been trading between the $42k and $43k regions in recent days.
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LINK is outperforming the other major cryptocurrencies, up by 6% in the last 24 hours.
LINK Adds 6% to its Value as Market Performance Stagnates
LINK, the native coin of the Chainlink ecosystem, is the best performer amongst the top 20 cryptocurrencies by market cap over the last 24 hours. The coin had added more than 6% to its value in the last 24 hours and is now trading at $15.88 per coin.
The rally comes after Chainlink announced a crucial partnership with USDC’s issuer, Circle. The partnership saw the Chainlink Cross-Chain Interoperability Protocol (CCIP) integrate with Circle's Cross-Chain Transfer Protocol (CCTP) to provide users with a secure and reliable way to transfer USDC across chains.
With LINK rallying, Bitcoin and other major cryptocurrencies continue to trade sideways. Bitcoin has been trading between the $42k and $43k regions over the last couple of days.
At press time, the price of Bitcoin stands at $42,778, up by 0.4% in the last 24 hours. The total cryptocurrency market cap also stagnated at $1.68 trillion, adding less than 1% to its value so far today.