Chainlink LINK Eyes $20 Breakout as Regulatory Support Fuels Institutional Demand

BTCC / BTCC Square / Global Cryptocurrency /

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2025-07-31 10:28:15

Chainlink LINK News -

Chainlink's price rally demonstrates strengthening institutional confidence, driven by regulatory tailwinds and technical momentum. The WHITE House's latest digital asset report highlighted Chainlink's Cross-Chain Interoperability Protocol, while SEC ETF developments added bullish pressure.

LINK currently trades at $18 with 1.91% daily gains, consolidating above key support at $17.64. Technical indicators point to potential upside, with resistance NEAR $19.03 potentially breaking toward a $20.22 target if buying pressure continues. Trading volume surpassing $610 million confirms robust market participation.

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