Up the slope. What has already happened to financial markets in 2021

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The current year has lasted less than three weeks and has already brought about major changes in most markets. Bitcoin and Tesla shares renewed all-time highs in value, and the ruble began to recover.

Chainlink token has risen in price by 150% in a month and has reached a new maximum
The cryptocurrency rate rose to $ 21.4. Last March it cost 15 times cheaper

The Chainlink (Link) token price has grown to a new all-time high. According to coinmarketcap.com, the altcoin price climbed to $ 21.4, after which it dropped $ 20.2. Over the past day, the cryptocurrency has risen in price by 22%, since mid-December, the growth has amounted to almost 150%. Now the coin ranks 9th in the ranking of cryptocurrencies in terms of capitalization.

Link has shown significant growth in 2020. The key reason for this was the surge in popularity of the field of decentralized finance (DeFi. Services related to it use special programs to track the market rate of digital assets - oracles. The Chainlink project develops such programs, they are in great demand in this sector.

Last March, the cryptocurrency market, like the stock market, experienced a sharp drop. Then the Link rate dropped to $ 1.4. But on the Binance exchange, the decline was abnormal - the altcoin price fell to $ 0.0001 in the short term. A user who was able to take advantage of this and buy coins at an extremely low rate earned $ 22 thousand for every dollar invested.