Bitcoin and Chainlink are two of the top cryptocurrencies with potential as long-term investments. Bitcoin, the world’s largest crypto by market cap, is seen as a safe-haven investment rather than a conventional currency. It has gained attention in 2021 due to Tesla CEO Elon Musk’s announcement of the company’s $1.5 billion investment, followed by the decision to accept bitcoin payments for its vehicles.Chainlink is a decentralized oracle network on Ethereum that connects smart contracts to real-world data, offering secure and tamper-proof data feeds. It is used across sectors like finance, insurance, gaming, and supply chain management, which could potentially enhance its native token’s value.As of August 26, Bitcoin price is $26,010 with a 24-hour trading volume of $29.81 billion and market cap of $506.20 billion. The $BTC price increase 0.69% in the last seven days. Bitcoin reached its highest price on Nov 10, 2021 when it was trading at its all-time high of $68,770.Chainlink is currently valued at $6.03, showing a 0.51% increase over the past 24 hours. Considering today’s classical pivot point at $6.03, Chainlink’s support levels are $5.93, $5.83, with the strongest at $5.73.Bitcoin and Chainlink are two of the top cryptocurrencies with potential as long-term investments. Bitcoin is seen as a safe-haven investment rather than a conventional currency and has gained attention in 2021 due to Tesla CEO Elon Musk’s announcement of the company’s $1.5 billion investment. Chainlink is a decentralized oracle network on Ethereum that connects smart contracts to real-world data, offering secure and tamper-proof data feeds. As of August 26, Bitcoin price is $26,010 with a 24-hour trading volume of $29.81 billion and market cap of $506.20 billion. Chainlink is currently valued at $6.03, showing a 0.51% increase over the past 24 hours. Technical indicators suggest that Bitcoin’s 200-day SMA is projected to increase in the coming month and reach $28,014 by September 25, 2023. Chainlink’s support levels are $5.93, $5.83, with the strongest at $5.73.
| Information |
Details |
| Geography |
Global |
| Countries |
|
| Sentiment |
neutral |
| Relevance Score |
10 |
| People |
Sergey Nazarov, Elon Musk |
| Companies |
eToro, Mastercard, Wall Street Memes, Binance, Bybit |
| Currencies |
Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Uniswap (UNI), Filecoin (FIL). |
| Securities |
None |
