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News

Chainlink Down More Than 4% Within 24 hours

Author: Benzinga Insights | March 12, 2024 03:02pm

Chainlink's (CRYPTO: LINK) price has decreased 4.49% over the past 24 hours to $20.44. This is contrary to the coins performance over the past week where it has experienced an up-trend of 12.0%, moving from $18.12 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.

price_chart

The trading volume for the coin has decreased 19.0% over the past week, while the overall circulating supply of the coin has decreased 5.26% to over 587.10 million. This puts its current circulating supply at an estimated 58.71% of its max supply, which is 1.00 billion. The current market cap ranking for LINK is #15 at $12.00 billion.

supply_and_vol

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

Posted In: $LINK

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