Bitcoin and Chainlink Surge: Crypto Market Highlights

Recent price surges for Bitcoin and Chainlink highlight the growing influence of institutional involvement in the cryptocurrency market. Bitcoin reached a 10-day high, exceeding $118,000 on the back of positive sentiment and increased institutional participation. This surge has been driven by robust inflows into exchange-traded funds (ETFs) from prominent firms like BlackRock and Fidelity. Institutional investors are driving broader market trends, leading to a ripple effect observed in assets like Ethereum, further emphasizing interconnectedness within the crypto landscape.