Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>joli-table-of-contents</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>rank-math</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>rank-math-pro</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6114

Warning: Cannot modify header information - headers already sent by (output started at /var/www/html/news/wp-includes/functions.php:6114) in /var/www/html/news/wp-includes/rest-api/class-wp-rest-server.php on line 1893
{"id":4426,"date":"2023-09-18T10:32:15","date_gmt":"2023-09-18T10:32:15","guid":{"rendered":"https:\/\/lunu.io\/news\/?p=4426"},"modified":"2023-09-18T10:32:17","modified_gmt":"2023-09-18T10:32:17","slug":"urgent-bitcoin-fails-at-27k-again-chainlink-offers-new-hope","status":"publish","type":"post","link":"https:\/\/lunu.io\/news\/urgent-bitcoin-fails-at-27k-again-chainlink-offers-new-hope\/","title":{"rendered":"Urgent: Bitcoin Fails at $27K Again! Chainlink Offers New Hope"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">The Latest Market Moves<\/h2>\n\n\n\n<p>Bitcoin, the world&#8217;s leading cryptocurrency, made another attempt to break the $27,000 barrier but fell short. Meanwhile, Chainlink, a decentralized oracle network, has emerged as the day&#8217;s top performer, with its native token soaring by about 6%. This market activity comes after a volatile trading week, where Bitcoin first plummeted to a two-month low of under $25,000 before rebounding due to positive news surrounding a spot ETF application. As of now, Bitcoin&#8217;s market cap stands just above $520 billion, with a dominance of slightly over 49% in the cryptocurrency market.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"503\" src=\"https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-20-1024x503.png\" alt=\"\" class=\"wp-image-4427\" srcset=\"https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-20-1024x503.png 1024w, https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-20-300x147.png 300w, https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-20-768x377.png 768w, https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-20-1536x754.png 1536w, https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-20.png 1835w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Rollercoaster Week for Bitcoin<\/h2>\n\n\n\n<p>Last Monday was a turbulent day for Bitcoin. The cryptocurrency first dropped by $1,000, hitting a two-month low below $25,000. However, the tide turned quickly with news of another application for a spot ETF, propelling Bitcoin back above the $26,000 mark. The rest of the week saw a gradual increase in Bitcoin&#8217;s value in USD, peaking at $26,900 on Saturday morning. Despite these gains, Bitcoin failed to maintain its upward momentum and currently hovers below the $27,000 mark.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Chainlink Steals the Spotlight<\/h2>\n\n\n\n<p>While most larger-cap altcoins like Ethereum, Binance Coin, and Solana have shown minor gains, Chainlink has outperformed them all. The token is up by more than 5% and currently sits above $6.5. This surge comes even as TONCOIN, another top performer, slipped by more than 3%. The cumulative market cap of all crypto assets remains relatively stable at just over $1.060 trillion.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"479\" src=\"https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-21-1024x479.png\" alt=\"\" class=\"wp-image-4439\" srcset=\"https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-21-1024x479.png 1024w, https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-21-300x140.png 300w, https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-21-768x360.png 768w, https:\/\/lunu.io\/news\/wp-content\/uploads\/2023\/09\/image-21.png 1149w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">A Balanced Perspective<\/h2>\n\n\n\n<p>From my point of view, Bitcoin&#8217;s inability to sustain its upward momentum could be a cause for concern among investors. While the cryptocurrency has shown resilience in bouncing back from lows, its repeated failure to break the $27,000 barrier may indicate underlying market skepticism. On the flip side, Chainlink&#8217;s performance serves as a reminder that the crypto market is not solely dependent on Bitcoin. Altcoins like Chainlink have the potential to offer substantial returns, diversifying investment portfolios.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Pros and Cons<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Pros<\/strong>: Chainlink&#8217;s rise could signify a broader acceptance and utility of decentralized oracle networks in the crypto ecosystem.<\/li>\n\n\n\n<li><strong>Cons<\/strong>: Bitcoin&#8217;s struggle to break the $27,000 mark could be indicative of market volatility and investor caution, potentially affecting its short-term growth prospects.<\/li>\n<\/ul>\n\n\n\n<p>In conclusion, the crypto market remains a dynamic and ever-changing landscape. While Bitcoin struggles to break new ground, altcoins like Chainlink offer alternative investment opportunities. As I see it, diversification remains key in navigating the volatile waters of cryptocurrency investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Latest Market Moves Bitcoin, the world&#8217;s leading cryptocurrency, made another attempt to break the $27,000 barrier but fell short. Meanwhile, Chainlink, a decentralized oracle network, has emerged as the day&#8217;s top performer, with its native token soaring by about 6%. This market activity comes after a volatile trading week, where Bitcoin first plummeted to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":4451,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[53,54],"tags":[],"class_list":["post-4426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-crypto"],"_links":{"self":[{"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/posts\/4426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/comments?post=4426"}],"version-history":[{"count":1,"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/posts\/4426\/revisions"}],"predecessor-version":[{"id":4463,"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/posts\/4426\/revisions\/4463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/media\/4451"}],"wp:attachment":[{"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/media?parent=4426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/categories?post=4426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lunu.io\/news\/wp-json\/wp\/v2\/tags?post=4426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}