Moving with the whole market
The total crypto market is −2.3% in 24 hours. LINK is −3.5%, about the same, so this looks like a market-wide move rather than something specific to Chainlink.
Why is the crypto market moving? →
why / link
Why is Chainlink down today?
Chainlink (LINK) is down 3.5% in the last 24 hours, trading at $11.04. The whole crypto market is −2.3%, so this is mostly a market-wide move. It usually moves with Bitcoin, which is −2.4% today.
LINK 24h−3.49%
Whole market 24h−2.31%
Bitcoin 24h−2.43%
Link to BTC (30d)0.87
Volume vs normal3.1×
Decentralized Finance (DeFi) sector+1.00%
signals
What is moving Chainlink
Strongest signals first.
Follows Bitcoin closely
Over the last 30 days, LINK's daily moves had a 0.87 correlation with Bitcoin (1 means identical direction). It usually follows Bitcoin, which is −2.4% today.
Bitcoin price →Trading volume is 3.1× normal
At today's pace, LINK trades about 3.1 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
1 story about Chainlink today
Recent headlines: “Chainlink adds weekend pricing for tokenized assets, with Aave as launch partner”. Read them below.
Weak month
LINK is −9.8% this week and −23% over 30 days, so today's move continues the monthly trend.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of LINK positions right now, on the chart, in the Blockdeck app.
See VIP layers →news
Chainlink news today
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Keep exploring Chainlink
faq
Questions
Why is Chainlink down today?
Chainlink (LINK) is down 3.5% in the last 24 hours, trading at $11.04. The whole crypto market is −2.3%, so this is mostly a market-wide move. It usually moves with Bitcoin, which is −2.4% today.
Will Chainlink go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: LINK is −9.77% over 7 days and −22.86% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, LINK's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.