CryptoStatCoins

Bearish

Chainlink (LINK) Price Drops Below $14.50 As Crypto Market Sells Off - Reserve Buys 74K LINK

Chainlink's LINK token has fallen below the $14.50 support level during a widespread cryptocurrency market selloff. Despite the price decline, the Chainlink Reserve has acquired an additional 74,000 LINK tokens, indicating potential confidence in the asset's long-term value. This accumulation occurs as many digital assets face selling pressure across crypto markets. The reserve's purchase could signal institutional interest in LINK during market downturns, though the token continues to trade lower amid the broader crypto correction.
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