Chainlink Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Chainlink (CRYPTO: LINK) has fallen 3.33% in the past 24 hours to $14.08, despite a 1.0% uptrend over the past week. Trading volume increased by 38.0% while circulating supply decreased by 0.33%. Chainlink's market cap is $8.57 billion, ranking it #17.
July 22, 2024 | 3:03 pm
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Chainlink (CRYPTO: LINK) has experienced a 3.33% price drop in the past 24 hours, despite a 1.0% uptrend over the past week. Trading volume has increased by 38.0%, while the circulating supply has decreased by 0.33%. The market cap is $8.57 billion, ranking it #17.
The 3.33% drop in Chainlink's price over the past 24 hours, despite a weekly uptrend, indicates short-term negative sentiment. Increased trading volume suggests heightened market activity, but the decrease in circulating supply could be a concern for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100