Chainlink
Why Chainlink is down 1.1% in the last hour
Analysis
Chainlink (LINK) slipped 1.1% over the past hour despite headlines that Charles Schwab plans to add Chainlink to its crypto trading/offerings, suggesting the market may have already priced in the announcement or saw limited immediate follow-through. The news was broadly covered across outlets, but the short-term move indicates the positive catalyst didn’t translate into near-term buying pressure in this window.
Contributing Factors (3)
Charles Schwab to add Solana, Avalanche and Chainlink to crypto trading platform
Schwab Crypto began rolling out to clients in May with direct access to BTC and ETH trading and charges 75 basis points per transaction.
BREAKING: Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Offerings
$13 trillion Charles Schwab said Thursday it plans to offer Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) trading for clients in the coming months. The move expands Schwab Crypto offerings beyon...
Charles Schwab adda Solana, Avalanche and Chainlink to nascent crypto platform
The financial services giant plans to expand Schwab Crypto beyond Bitcoin and Ether just months after rolling out direct crypto trading to retail clients.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.