Cryptocurrency Chainlink Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Chainlink's (CRYPTO: LINK) price has decreased by 3.71% over the past 24 hours to $7.3, continuing its downward trend over the past week of -1.0%. The trading volume for the coin has fallen 23.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.17%. The current market cap ranking for LINK is #21 at $3.93 billion.
August 15, 2023 | 3:00 pm
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NEGATIVE IMPACT
Chainlink's price has decreased by 3.71% over the past 24 hours to $7.3, continuing its downward trend over the past week of -1.0%. The trading volume for the coin has fallen 23.0% over the past week.
The decrease in Chainlink's price and trading volume over the past week indicates a bearish trend. The decrease in circulating supply could also be contributing to the downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100