The crypto market is starting to recover after a recent slump, and this is helping the price of Chainlink go up. Also, as inflation in the US starts to slow down, the trading interest continues to rise. However, LINK might soon trigger a correction as it becomes overvalued.
LINK, the cryptocurrency token that powers the Chainlink decentralized oracle network, suddenly surged by 9% in early Friday trading, rising from a low of $12.98 to $14.41.
Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet.
One crypto exchange's loss is another crypto exchange's gain. This holds true with cryptocurrency exchange Uniswap after it recorded a weekly loss of over 20% brought by a large investor offloading a huge number of tokens.
Chainlink (LINK) rose 9.7% and Polkadot (DOT) gained 6.7%, leading the index higher.
Story Highlights The live price of the UniSwap crypto token is . The UNI price could reach a maximum of $15.10 in 2025. Unicoin price with a potential surge, may reach a high of $158.32 by 2030. DeFi as a category has come into existence with the idea of no intermediaries.
The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.
The crypto market is eagerly awaiting next week's FOMC meeting after CPI data revealed that inflation had fallen to 2.8%. Traders are now watching for signals and remarks by Fed committee members on interest rates, which could spike the crypto market volatility.
A crypto trader lost nearly $215,500 in a MEV bot sandwich attack while swapping $220,764 USDC for USDT on Uniswap v3.
Chainlink's price tests a critical 644-day support level while facing selling pressure from a whale dumping 356K coins, though the token shows resilience with a 2% gain amid mixed technical signals.
A crypto trader lost $215,000 in a sandwich attack on Uniswap v3 when an MEV bot manipulated liquidity to exploit their stablecoin swap
A Chainlink whale sent shockwaves across the crypto market on Thursday, selling massive amounts despite a price relief. On-chain data indicated that 356,665 coins were sold recently, a converse action to the current market cool-down.
Cryptocurrency prices have remained under pressure this week as concerns about tariffs remain. Another potential less-discussed risk is the soaring US debt, which has surged to $36.58 billion.
The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.
If Chainlink (LINK) holds its megaphone pattern support, traders should watch for a move above the 20-day EMA at $15.64, with targets at $30 and, ultimately, $45.
A recent ruling from the Second Circuit Court of Appeals in a Uniswap Labs case reaffirms that neutral, decentralized software creators should not be held liable for third-party misuse of that technology.
Uniswap could be presenting an opportunity to go long as price approaches key support level that has resulted in bullish reversals.
The crypto market is in major turmoil, fueling the Chainlink price crash. Since Donald Trump signed the Executive Order for Bitcoin Reserve, the market has been on a rollercoaster ride, and so have digital assets.
As AVAX and Chainlink stall, investors turn to XYZVerse, eyeing a 5x ROI and a fresh chance to recover losses and profit. #partnercontent
Chainlink could be set for further drop if price does not hold above the key support at $12.
Hedera (HBAR), Chainlink (LINK), Aptos (APT), Ondo Finance (ONDO), and Story (IP) are five of the most important Made in USA cryptos to watch this week. While IP has been the best-performing of the group in the last month, it is now undergoing a sharp correction, similar to ONDO, which has dropped over 22% in the past seven days.
Chainlink (LINK), one of the top blue-chip cryptocurrencies, has crashed by double digits from its December highs. This drop is primarily because of the ongoing crypto sell-off.
Chainlink (LINK) creator Sergey Nazarov says that the Trump Administration's recent embrace of digital assets could be what the US needs to cement its global financial dominance. Speaking at the first ever White House Crypto Summit in Washington, D.C.
Supply distribution revealed that many addresses varying in size from retail to whales have been accumulating LINK in recent weeks.
Chainlink (LINK) has been showing mixed technical signals recently, with some indicators turning bearish while others suggest a potential upside ahead. With its price up 11% in the last seven days, Chainlink was on its path to surpass Pi Network in market cap, but this could be delayed for now.
LINK's short-term price action may depend on a few key factors.
Uniswap has experienced strong accumulation despite market volatility leaving $7.3 cost basis as critical support.
Unichain, a decentralized finance layer 2 solution developed by Uniswap Labs, is focused on the launch of a new validation network. As an on-chain decentralization feature, the validation network adds another layer of finality to the network.
Bitcoin is trying to form a higher low at $85,000, but the recovery attempt faces stiff resistance at $90,000, signaling a tough battle between the bulls and the bears.
Amid the ongoing confusion in the cryptocurrency market, Chainlink's native token LINK has shown bearish price action and is poised for a decline. However, the current market sentiment remains bearish, with top assets like Bitcoin (BTC), Ethereum (ETH), and XRP also experiencing notable price declines. This downturn is potentially influencing overall market sentiment.
Uniswap (UNI) is facing a crucial moment as significant whale movements, network indicators, and price action are raising questions about its next move. Recently, Galaxy Digital, a major institutional player, deposited a hefty 600,000 UNI tokens, worth approximately $4.37 million, to exchanges Binance and OKX.
UNI's price action faces pressure, but whale movements and liquidations hint at possible upward momentum.
Chainlink Co-Founder Sergey Nazarov discusses the idea of a crypto reserve and says they should be diversified. He speaks with Tim Stenovec and Zeke Faux on "Bloomberg Crypto.
Chainlink Co-Founder Sergey Nazarov will attend the White House Crypto Summit on Friday. In an interview on "Bloomberg Crypto" he discusses what to expect from the summit and what he thinks the administration's priorities should be.
Uniswap price is gaining traction as it rebounds from the $6.7 level, sparking renewed optimism among traders. After a period of consolidation, bulls are strongly attempting to reclaim control, aiming for a breakout beyond key resistance levels.
Bitcoin price continued its resilience as it rose for three straight days and moved above the resistance at $90,000. This recovery is happening as Donald Trump prepares to unveil the Strategic Bitcoin Reserve during the White House crypto summit.
The overall market outlook is positive ahead of the highly anticipated White House Crypto Summit, with the global crypto market cap at $3.02 trillion. Daily volume has declined 20% to just over $117 billion, while total crypto liquidations have decreased 57% to $229 million in the past 24 hours.
Uniswap Labs' decision to launch Unichain, its Layer-2 (L2) network, without extensive consultation with the Uniswap DAO has sparked significant controversy within the DeFi community.
There were speculations that the summit could feature crypto strategic reserve updates.
Chainlink (LINK) price has rebounded to $15 after a brief pullback, supported by increased whale accumulation. The crypto market saw a slight recovery today, contributing to LINK's rise.
The program, instituted last year, will pay approved delegates based on their voting participation rates and community engagement.
Chainlink (LINK) has faced massive volatility and uncertainty, with price action resembling a rollercoaster ride over the past few days. After trading around $17, LINK plunged to $13 before rebounding back to $16, all within less than three days.
Today, March 5, 2025, Uniswap (UNI) has registered an 8% price gain. However, it appears bearish and is poised for a decline, potentially due to a crypto whale dumping UNI tokens. Whale Dump $40.
Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.
Ever since Trump's tariff war was reinstigated, the crypto markets have shaken a bit. The star token Bitcoin price faced massive upward pressure, dragging the levels below $79,000. Besides, the Chainlink price also plunged from the local highs at $17 to $13, while the bulls quickly triggered a strong rebound.
The crypto market is recovering today after selling off most of its Sunday gains at the beginning of the week. Two tokens stand out from the crowd, AAVE (AAVE) and Chainlink (LINK), as they have posted double-digit gains in the past 24 hours.
Chainlink (LINK) has recently demonstrated significant volatility, showing both a sharp decline and a strong rebound. The price of LINK recently dropped to $13.18, a 13.6% correction from $15.25, following a high of $16.34.
TL;DR Chainlink (LINK) has surged 16.33% in the last 24 hours, reaching $15.74, with a market cap of $10.04 billion. Technical analysis highlights key support and resistance levels, with the $16.34 target if the bullish trend continues. Rising trading volume and open interest suggest growing investor confidence, reinforcing optimism in LINK.