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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
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Discuss BTC trading experiences, market views, or show off your contract gai
LINK Declines 3.85% After Resistance Rejection: Is $10 in Sight?
Chainlink cryptocurrency has continued to struggle with its price movement after opening its market with a trading value of $15.27. During the session, LINK has reported a low of $15.01 and a high of $16.36 in the past 24 hours. The current price trend has prompted the market analysts to weigh on whether the digital asset will invite bulls for a reversal.
What is the Current Market Trajectory?
A look at the ongoing price performance for Chainlink has displayed a varied market trend. As of press time, market data indicates that LINK is priced at $15.08 after declining 3.85% over the last 24 hours. The market capitalization has dropped to $9.9 billion, marking a 3.84% decrease.
Daily trading volume surged to $559.26 million, recording a 78.62% increase within the same timeframe. LINK’s fully diluted valuation is now at $15.08 billion. The circulating supply is 657.09 million LINK, out of a total supply of 1 billion tokens.
The chart shows a clear rise during midday, followed by a steady pullback. The drop in price came after earlier gains failed to sustain above resistance. LINK now trades near session lows, with red dominance in the final trading hours.
Chainlink Price Eyes $10 As Market Reacts to Rejection at Higher Levels
Market analysts have hinted at the potential for a continued dip for Chainlink. According to an observation by Ali Charts, LINK experienced renewed selling pressure after failing to maintain higher levels in recent sessions. The asset retraced sharply after a rejection, with price movement now pointing back toward the $10 zone. This shift reflects short-term market reaction to earlier bullish momentum that lacked follow-through strength.
The current trend indicates LINK may revisit its former support area around $10. That level previously held significance during prior consolidation phases and remains a target following this downturn. The rejection formed a reversal in sentiment, narrowing focus back to the lower trading band.
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