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Showing posts with the label market recovery

Chainlink (LINK) Outperforms Bitcoin & Solana in Market Recovery

Chainlink (LINK) is on a positive stretch over the 24 hours, climbing 9% to reverse a 5% 7-day dropoff. Amid a crypto market recovery, LINK is even outperforming Bitcoin and Solana (SOL), as cryptocurrencies look to rebound ahead of Donald Trump’s inauguration. The incoming administration has investors turning to popular coins on the market like DOGE, SOL, and BTC. LINK, however, is topping them all. Chainlink (LINK) price edged above the $20 territory on Tuesday, racing into a 10% surge as the crypto market received a major boost. Just last week, crypto whales were also buying in on LINK’s dip, and are currently reaping the recovery profits. Additionally, the anticipation of pro-crypto policies from the incoming administration, including a proposed zero-tax on US-based crypto projects and the expected approval of new crypto ETFs, has spurred optimism in the market following a volatile start to this week. Chainlink’s recent whale accumulation further bolsters bullish s...