Chainlink (LINK) jumped 18% to $26.05, significantly outperforming its competitors. Analysts call the token undervalued, pointing to strong technical signals and a series of product announcements from Chainlink in August as key growth factors.
Additionally, WiseLink, a company registered in Taiwan, became the first in the region to adopt a Bitcoin treasury strategy. To this end, it raised $10 million through a three-year convertible note, issued in collaboration with Top Win International, a retail watch seller.
Finally, Bitcoin faced an increase in warnings about a potential macro peak. After declining from an all-time high of $124,128 to a level of $117–118k, analysts, including CasiTrades and Arthur Hayes, are warning of the risk of a deeper correction.
