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BTCC / BTCC Square / Global Cryptocurrency /
Chainlink LINK News: Price Struggles and Market Activity Analysis

Chainlink LINK News: Price Struggles and Market Activity Analysis

Author:
Global Cryptocurrency
Published:
2025-01-23 23:24:35
15
2

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Over the past 24 hours, Chainlink (LINK) has faced challenges maintaining a price point above $26, sliding towards a low of $24. Currently, LINK is hovering around price levels seen in early January. The fear/greed index has escalated to level 60, signaling a prevalent greed sentiment in the market. However, trading volume for Chainlink has plummeted by 55.6% to $602 million in the last day. Since mid-December, LINK’s price has been on a downward trajectory, dipping from a high of $31 to approximately $18 last week. Nevertheless, significant buying interest and market activity hint that its current price falls within a potential buying range. Furthermore, in the past 24 hours, Chainlink’s market capitalization has shrunk by 4.7%, totaling $15.6 billion.

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