Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Cryptocurrency Chainlink Decreases More Than 5% Within 24 hours

Chainlink's (CRYPTO: LINK) price has decreased 5.62% over the past 24 hours to $15.48, continuing its downward trend over the past week of -33.0%, moving from $22.87 to its current price.

The chart below compares the price movement and volatility for Chainlink over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has climbed 49.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.17%. This brings the circulating supply to 467.01 million, which makes up an estimated 46.7% of its max supply of 1.00 billion. According to our data, the current market cap ranking for LINK is #22 at 7.25 billion.

Where Can You Buy Chainlink?

If you are interested in purchasing Chainlink or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.

Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.

Powered by CoinGecko API

This post contains affiliate links from which Benzinga may earn a commission.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.