Bitcoin price has been in a choppy phase since its first attempt to breach $50,000 on August 23 failed. The subsequent attempts seem to briefly slice through this barrier but fail to sustain above it.
As transaction fees on Ethereum continue to rise, layer-two scaling solution Polygon(MATIC) has become increasingly relevant. MATIC’s relative social and market activity has increased since Coinbase’s integration announcement.
Chainlink price has been in a consolidative phase while the rest of its counterparts have already rallied higher and some even set up new all-time highs. However, the recent breakout has opened the path for a bullish explosive uptrend to originate.