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Delay In Bull Market Could Push Bitcoin Higher Than Expected

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Bitcoin euphoria is here: Analyst sets roadmap for ‘euphoric phase’

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Bitcoin (BTC) is on a bull market after breaking out of its all-time high of $73,800, fuelling market euphoria. Historically, this “euphoric phase” will last for a few months before making a new top and reversing back down. Ki Young Ju, founder and CEO of CryptoQuant , greeted Bitcoin’s euphoria and warned investors about the “euphoric phase” roadmap. In particular, the crypto executive and analyst highlighted that “euphoria” usually lasts three to 12 months, except for 2021’s cycle. According to him, euphoria started two weeks ago, and 99.3% of all BTC addresses are in profit right now. Picks for you Dogecoin on track for a 100% rally to $0.82, analysts predict 6 mins ago Buy before it soars: Key levels to watch as Solana (SOL) targets ne...

Chainlink surges amid high exchange inflows and social volume

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Chainlink’s (LINK) price has constantly risen since Sept. 11, after the asset hit a local bottom of $5.7 with a market cap of $3.1 billion. LINK is up by 5% in the past 24 hours and is trading at $6.56 when writing. The asset’s market capitalization rose to $3.65 billion with a 24-hour trading volume of around $198 million. LINK price, whale activity and social volume – Sept. 18 | Source: Santiment According to data provided by the market intelligence platform Santiment, the recent surge in LINK’s price has triggered a high social volume — marking a 150% rise in the social trend after dropping for three consecutive days. You might also like: Bitcoin miner returns to Paxos $500k in mistakenly paid fees Moreover, transactions consisting of at least $100,000 worth of LINK increased by 27% in the past 24 hours, reaching 34 daily transfers, according to Santiment.  The movements come while on-chain data shows an inflow of 15.7 million tokens, worth roughly $1...