Chainlink Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Chainlink (LINK) has experienced a 3.35% price drop in the last 24 hours, continuing a week-long decline of 9%. Trading volume has decreased by 2%, and the circulating supply remains stable. LINK's market cap is ranked #19 at $5.89 billion.
September 06, 2024 | 3:03 pm
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NEGATIVE IMPACT
Chainlink's price has decreased by 3.35% in the last 24 hours, continuing a week-long decline of 9%. The trading volume has also decreased by 2%, indicating reduced investor activity.
The consistent decline in Chainlink's price over the past week, coupled with a decrease in trading volume, suggests a bearish sentiment among investors. The 3.35% drop in the last 24 hours highlights continued negative momentum, likely impacting short-term price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100