Cryptocurrency Chainlink Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Chainlink's (CRYPTO: LINK) price has fallen 4.29% to $5.94 in the past 24 hours, continuing its negative trend over the past week with a 7.0% loss. The trading volume for the coin has fallen 31.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.24%. The current market cap ranking for LINK is #24 at $3.19 billion.
August 30, 2023 | 7:00 pm
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NEGATIVE IMPACT
Chainlink's price has fallen 4.29% in the past 24 hours, and its trading volume has decreased by 31.0% over the past week. The circulating supply of the coin has also decreased by 0.24%.
The article directly mentions that Chainlink's price has fallen significantly in the past 24 hours, and its trading volume has also decreased over the past week. This indicates a negative short-term impact on the asset.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100