🚀 Bitcoin (BTC) Surges to 10-Day Peak as Chainlink (LINK) Rockets 7%: Weekend Crypto Rally

Crypto markets woke up swinging this weekend—Bitcoin smashed through resistance to hit its highest price in 10 days, while Chainlink defied gravity with a 7% moonshot.

BTC flexes bullish momentum

The OG cryptocurrency shook off recent sideways action, charging past key levels as traders piled in. No major catalyst—just pure market mechanics overpowering the bears.

LINK laughs at 'overbought' signals

Chainlink’s oracle network keeps printing gains like a central bank gone rogue. The 7% pump comes as DeFi protocols—shockingly—still need reliable price feeds.

Meanwhile, traditional finance bros are too busy shorting their own ETFs to notice real assets moving. Weekend liquidity? Thin. Crypto volatility? Thicker than a Wall Street bonus memo.

BTC Sees August Peak

The current month didn’t start all that well for the primary cryptocurrency as it dipped to a multi-week low of $112,000 just three days in. This came amid ongoing political tension between some of the Great Powers, which included the movement of nuclear submarines.

However, the asset reacted well to that dip and started to recover almost immediately. Within just a few days, by last Friday, Bitcoin was already knocking on the $117,000 door. Although it experienced some resistance there, the bulls were persistent and managed to break through on Saturday.

They kept the pressure on in the past several hours as well, helping BTC breach the $118,000 line. As such, bitcoin marked a ten-day high at around $118,500 earlier today. Despite losing some ground since then, it’s still around 1% up on the day.

Its market capitalization has increased to $2.355 trillion on CG, while its dominance over the alts has risen to 58.4% after the drop to 58% yesterday.

LINK Pumps

Many altcoins posted massive gains yesterday, including ETH, which skyrocketed to its highest price levels since late 2021 at over $4,200. Most have lost some traction today, which is somewhat expected, but ETH has managed to defend that level.

LINK has emerged as today’s top performer from the larger-cap alts, gaining roughly 7% and pumping past $22.

In contrast, XRP, BNB, SOL, DOGE, ADA, BCH, HBAR, XLM, and sui are slightly in the red following the recent rallies.

The total crypto market cap has maintained above $4 trillion, which is $200 billion above the low reached on Thursday.