Chainlink
Why Chainlink is down 1.0% in the last hour
Analysis
Chainlink (LINK) slipped about 1.0% over the past hour as traders digested news that CME is set to support Chainlink alongside Cardano and Stellar, a development that can trigger short-term repositioning and profit-taking after an initial headline reaction. AMBCrypto highlighted the potential market impact of this CME support announcement on altcoins, which may have contributed to near-term selling pressure in LINK.
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.