Cryptocurrency Chainlink Decreases More Than 3% Within 24 hours

chain links LINK/USD price has decreased by 3.82% in the last 24 hours to $5.06continuing its downward trend over the past week of -1.0%, from $5.13 to its current price.

The chart below compares Chainlink's price movement and volatility over the past 24 hours (left) to its price movement over the past week (right). The gray bands are the Bollinger Bands, which measure the volatility of daily and weekly price movements. The wider the bands, or the larger the gray area at any given time, the higher the volatility.

The trading volume of the coin fell by 30.0% over the last week along with the circulating supply of the coin, which fell by 0.04%. This brings the circulating supply to 517.10 million, which is roughly 51.71% of its maximum supply of 1 billion. Based on our data, the current market cap rank for LINK is #23 at $2.62 billion.

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

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