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Crypto market dips 1.9%, Chainlink shows strong accumulation despite recent price drop

Technical Signals
11 Sep 2026
AMBCrypto
View Source
Bullish
Crypto market dips 1.9%, Chainlink shows strong accumulation despite recent price drop

The total crypto market cap fell 1.91% to $2.61 trillion, with Bitcoin dropping 2.1% after rejecting $81.3K, marking a 5.4% weekly loss. Chainlink (LINK) also declined 3.66% after a recent 25.46% rally but shows signs of strong accumulation as its exchange reserves hit a four-year low, indicating investor confidence. Increased trading volume and active addresses suggest sustained market interest, supporting a long-term bullish outlook despite potential short-term pullbacks to $10.35 or $8.44.

More News (LINK)

Lido enables instant one-transaction ETH staking on four Ethereum Layer 2 networks.

Lido enables instant one-transaction ETH staking on four Ethereum Layer 2 networks.

Lido has launched a new feature allowing users to stake ETH directly on four Ethereum Layer 2 networks—Arbitrum, Base, Linea, and Optimism—through a single transaction. Users receive wrapped staked ETH (wstETH) instantly in their wallets, while the a...

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Bitwise Chainlink ETF sees $10M inflows despite LINK price drop lowering net assets

Bitwise Chainlink ETF sees $10M inflows despite LINK price drop lowering net assets

The Bitwise Chainlink ETF experienced about $10 million in inflows over two days, yet its net assets fell from $249.41 million to $229.38 million due to a decline in Chainlink (LINK) price. This shows that LINK's price drop outweighed new money enter...

Market News
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Bitwise Chainlink ETF gains $10M inflows but total assets drop as LINK price falls

Bitwise Chainlink ETF gains $10M inflows but total assets drop as LINK price falls

The Bitwise Chainlink ETF saw about $10 million in new investments over two days, yet its total net assets decreased from $249.41 million to $229.38 million due to a drop in Chainlink's LINK token price. Institutional interest remains steady, highlig...

Market News
Neutral
9 hours ago
Chainlink gains institutional backing but LINK token price lags despite ETF inflows.

Chainlink gains institutional backing but LINK token price lags despite ETF inflows.

Institutional investors continue to support Chainlink, with Bitwise adding $1.17 million to its Chainlink ETF and total inflows reaching about $10 million recently. Despite this, the overall value of LINK funds has declined due to falling LINK prices...

Market News
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16 hours ago
Chainlink enables 1-click DeFi deposits across 80+ blockchains with new CCIP Vault Adapters

Chainlink enables 1-click DeFi deposits across 80+ blockchains with new CCIP Vault Adapters

Chainlink has launched its CCIP Vault Adapters, a new feature that allows decentralized finance (DeFi) vaults to accept deposits from over 80 supported blockchains through a simple one-click process. This innovation simplifies cross-chain transaction...

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