Bitcoin is once again entering a bullish cycle, in an attempt to get back to the price of 38,000$. BTC is currently trading at the value of 37,305$ after 17% of gains in a single day after the top crypto had dropped to around 32,000$. Is the rest of the crypto market recovering alongside the top crypto? How are Cardano, Chainlink, Binance Coin, and NEO performing in the market in the past seven days?
Cardano (ADA) Price Analysis January 2021
- Cardano is trading at the price of 0.35$ after the latest price correction for the day. ADA is seen on recovery with 3% gains for the day
- The weekly chart is also showing gains of 14%, as a clear sign of recovery
- The lowest price for the week is set at the price of 0.31$
- The highest weekly price for Ada is 0.35$, while ADA is still trading at its weekly high
- The yearly chart is recording 579% of gains, which places ADA among the top gaining cryptos for the year
Chainlink (LINK) Price Analysis January 2021
- LINK is trading at the price of 23.55$ after the latest change in the market for the day with -1.55% losses
- The weekly chart is recording 27.5% of gains despite the daily losses
- The lowest price for the week was set at the value of 21$
- The highest price for the week was 24.55$
- The yearly chart is showing gains of 792%, making LINK one of the top gaining cryptos for the year
Binance Coin (BNB) Price Analysis January 2021
- Binance Coin is trading at the price of 43.15$ after the latest daily rise of 2.3%
- The weekly chart is showing gains of 11.2%
- The lowest price for the week is 40.77$
- The highest price for the week is 43$
- The yearly chart is also showing gains, recording 138% in returns in the last 365 days
Image credits: Cover photo taken from Pexels
