Chainlink (LINK-USD) Cryptocurrency is currently on bearish momentum by 20.12% in the last 24 hours. At 16:02 EST on Friday, 21 May, Chainlink (LINK-USD) is at $24.57.
Social Status
Currently, Chainlink (LINK-USD) has 323533 Twitter followers and 57057 Reddit subscribers.
As of now, on Github, there are 546 forks, 1945 stars, and 218 subscribers.
Volatility
Chainlink’s last week, last month’s, and last quarter’s current volatility was a negative 4.87%, a negative 0.36%, and a positive 5.11%, respectively.
Chainlink’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 11.95% (last week), 6.44% (last month), and 5.11% (last quarter), respectively.
News about Bitcoin
Cathie wood buys more Tesla amid musk Bitcoin spat, burry shorts. According to Bloomberg Quint on Wednesday, 19 May, “Read more: Musk Splits From Cathie Wood’s Ark on Bitcoin Environmental CostSome of that retreat is likely down to Musk, who fueled a slump in the largest cryptocurrency after hitting out at the token’s high energy demands and reversing a decision to accept it as a form of payment.”, “With Ark a big proponent of Bitcoin and a believer in its green credentials, it’s all adding to recent drama in the world of speculative tech. “
Bitcoin chartists see selloff intensifying with $40,000 in focus. According to Bloomberg Quint on Tuesday, 18 May, “Evercore ISI’s Rich Ross reckons prices are destined to fall back to the 200-day moving average, following a path of other speculative assets, which would put Bitcoin back at $40,000 compared with just under $45,000 currently.”, “The momentum has now quite decisively shifted to the bears,” said Tallbacken Capital Advisors LLC Chief Executive Officer Michael Purves, who correctly predicted last month that Bitcoin would decline.”
Bitcoin dips to lowest since February amid China crypto warning. According to Bloomberg Quint on Tuesday, 18 May, “When you combine this with the news out of China, it’s not a surprise that Bitcoin is seeing some more weakness.”, “A fall to that level would mark the first time since September that Bitcoin would test its average price over the past 200 days. “
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