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Bitcoin Slips Towards $42K as Interest Rates Soar; Chainlink's LINK Defies Crypto Slump

Federal Reserve Chair Jerome Powell reiterated his hawkish stance on rate cuts in a Sunday interview, weighing on risk assets.

Bitcoin price on February 5 (CoinDesk)

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Bitcoin cae hacia los 42.000 dólares a medida que se disparan las tasas de interés; LINK de Chainlink desafía la caída de las Cripto

El presidente de la Reserva Federal, Jerome Powell, reiteró su postura dura sobre los recortes de tipos en una entrevista el domingo, lo que pesa sobre los activos de riesgo.

Bitcoin price on February 5 (CoinDesk)

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Bitcoin Floats Above $43K as 'Buy The Dip' Sentiment Prevails

Buying on dips remains the dominant tactic in the crypto market, one trader said.

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

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Bitcoin flota por encima de los 43.000 dólares mientras prevalece el sentimiento de "comprar la caída"

Comprar en las caídas sigue siendo la táctica dominante en el mercado de las Cripto , dijo un comerciante.

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

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Bitcoin fluttua sopra i 43.000 dollari mentre prevale il sentimento "Compra il calo"

L'acquisto durante i cali rimane la tattica dominante nel mercato Cripto , ha affermato ONE trader.

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

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Bitcoin flutua acima de US$ 43 mil enquanto o sentimento de ‘Buy The Dip’ prevalece

Comprar em baixa continua sendo a tática dominante no mercado de Cripto , disse um trader.

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

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Ang Bitcoin ay Lumutang sa Itaas sa $43K habang Nanaig ang 'Buy The Dip' Sentiment

Ang pagbili sa dips ay nananatiling nangingibabaw na taktika sa Crypto market, sabi ng ONE negosyante.

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

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Bitcoin flotte au-dessus de 43 000 $ alors que le sentiment « Acheter à la baisse » prévaut

L’achat en cas de baisse reste la tactique dominante sur le marché de la Crypto , a déclaré un commerçant.

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

Відео

Chainlink's LINK Token Notches 22-Month High

Chainlink's (LINK) surged to a 22-month high on Friday, ending a three-month bull breather for the token of the leading decentralized oracle network. This comes as the CoinDesk 20 Index, which measures the performance of the largest 20 digital assets by market capitalization from the CoinDesk Market Index (CMI), is finishing the week in the green. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CoinDesk placeholder image

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Chainlink's LINK Token Taps 22-Month High of $18, Ending Three-Month Breather

Analysts consider LINK as the safest bet to profit from the tokenization narrative.

LINK's price (CoinDesk)