Chainlink Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Chainlink (CRYPTO: LINK) experienced a 3.06% decrease in price over the past 24 hours, continuing a weekly downtrend of -13.0%. Despite this, trading volume has increased by 8.0% and the circulating supply rose by 0.16% to 587.10 million, representing 58.71% of its max supply. Chainlink's market cap ranking is currently #15 at $10.39 billion.
March 19, 2024 | 7:00 pm
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Chainlink (LINK) saw a 3.06% price decrease over 24 hours, with a -13% decline over the week. Trading volume increased by 8%, and circulating supply is up to 587.10 million.
The price decrease of Chainlink (LINK) over both the last 24 hours and the past week suggests a negative short-term impact on its valuation. However, the increase in trading volume and circulating supply indicates a mixed market sentiment, potentially mitigating some of the negative price pressure.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100