LINK Price Climbs in Fresh Crypto Market Rally

Chainlink (LINK) price increased by 3% to $9.27 over the past 24 hours, supported by improved sentiment in the cryptocurrency market on Friday, according to trading data from exchanges.

LINK’s market capitalisation rose to about $6.6 billion on Friday, and its trading volume was approximately 15% higher at $747 million.

The crypto market is moving positively at the press time.  The entire crypto market cap rose 2.35% in 24 hours, with Bitcoin up 2.54%. Chainlink’s nearly identical gain indicates it was driven by general market beta. The rally was fueled by positive inflows into spot Bitcoin ETFs.

LINK price broke above a major resistance cluster around $9.17, which aligned with the 0.618…