Chainlink
Why Chainlink is down 2.0% in the last hour
Analysis
Chainlink (LINK) slipped about 2% over the past hour as traders digested a report that CME is set to support Chainlink alongside Cardano and Stellar, a development that can prompt short-term repositioning and profit-taking around major derivatives-related headlines. The AMBCrypto piece highlights the potential market impact of CME support on these altcoins, and the immediate reaction in LINK appears to have skewed risk-off in the near term.
Contributing Factors (1)
CME to support Cardano, Chainlink, and Stellar – Potential impact on altcoins?Â
ADA whales scaled up accumulation while LINK holders weren't selling aggressively
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.