Bitcoin (BTC) trades above $87,000 by press time on Tuesday, following a bearish start to December amid a contraction in the US manufacturing sector and the possibility of an interest rate hike by the Bank of Japan (BoJ) at its next monetary policy decision.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) begin the week with a modest recovery on Monday after last week’s massive correction. These top three cryptocurrencies are holding above their key support levels, suggesting recovery continuation.
Chainlink (LINK) is trading above $14.00 at the time of writing on Monday, as the broader cryptocurrency market mildly recovers following last week’s volatility and extended sell-off.