Chainlink (LINK) price extends recovery following three consecutive days of declines. The oracle network token is up over 2% to exchange hands above $23.00 on Tuesday, buoyed by positive sentiment after digital asset manager, Bitwise, filed to launch a LINK spot Exchange Traded Fund (ETF).
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are at a near standstill ahead of Fed Chair Jerome Powell’s speech at the Jackson Hole economic policy symposium scheduled at 14:00 GMT.
Ethereum (ETH) edged closer to its all-time high on Monday, rising above $4,300 following another round of fresh buying pressure from corporate entities focused on accumulating the top altcoin as their primary treasury asset.