Chainlink
Why Chainlink is down 4.1% today
Analysis
Chainlink (LINK) fell 4.1% over the past 24 hours despite reports that Charles Schwab plans to add LINK alongside Solana and Avalanche to its crypto trading/offering platform. The dip likely reflects broader market selling or a “sell-the-news” reaction after the Schwab expansion headlines, which were covered by The Block, CoinGape, and Cointelegraph.
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.