In August, Bitcoin (BTC) experienced rapid fluctuations, with its price falling below $60,000. This period of volatility significantly impacted other cryptocurrencies, commonly referred to as altcoins.
One such altcoin is LINK Coin, which is struggling to overcome resistance levels. The connection between Bitcoin's price movements and the performance of altcoins exemplifies the interconnected nature of the cryptocurrency market.
The ongoing difficulties faced by LINK Coin highlight the broader market trends and the challenges inherent in dealing with rapid price changes.
