Chainlink (LINK) Tumbles 6.2%—Dragging CoinDesk 20 Into the Red as Crypto Markets Stutter

Another rough day for oracle tokens—Chainlink leads the downturn with a 6.2% drop, pulling the CoinDesk 20 index lower. No surprises here: when LINK catches a cold, the whole crypto sector sneezes.

Blood in the water? Not quite. But traders are watching closely—another leg down could trigger stop-loss carnage. Meanwhile, ''hodlers'' cling to the narrative like Wall Street clings to outdated valuation models.

Pro tip: When the ''smart money'' starts panic-selling oracle networks, maybe—just maybe—it''s time to check if your portfolio''s actually decentralized. Or if you''re just playing musical chairs with VCs.

Leaders: BCH (-1.5%) and BTC (-1.5%).

Laggards: LINK (-6.2%) and NEAR (-5.9%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.