Cryptocurrency Chainlink Down More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Chainlink's (CRYPTO: LINK) price has decreased by 5.18% over the past 24 hours to $5.9, despite a week-long uptrend of 7.0%. The trading volume for the coin has fallen 26.0% over the past week, along with a 0.08% decrease in circulating supply. The current market cap ranking for LINK is #23 at $3.06 billion.
June 28, 2023 | 7:00 pm
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NEGATIVE IMPACT
Chainlink's price has decreased by 5.18% over the past 24 hours to $5.9, despite a week-long uptrend of 7.0%. The trading volume for the coin has fallen 26.0% over the past week, along with a 0.08% decrease in circulating supply.
The decrease in Chainlink's price, along with the decrease in trading volume and circulating supply, indicates a potential bearish trend in the short term. This could be due to a variety of factors, including market sentiment, overall market conditions, or specific news or events related to Chainlink.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100