Chainlink (LINK) Drops 10% to Start the Week: Is $24 Still in Play?
Throughout the first two months of the year, the cryptocurrency market has been defined by underperforming expectations and volatility. Although assets have underperformed, many analysts are expecting big things to come. Among those cryptocurrencies is Chainlink (LINK), which has started the week with a 10% drop but could still eye an increase to $24 this year. The asset had previously surged after US President Donald Trump announced plans for the country’s first crypto reserve. Although LINK was not named, the president noted that it would include “other valuable cryptocurrencies” to purchase to make up the reserve. However, the increase did not last, as it is set to kick off the first week of March on a downswing. Source: Binance Academy Also Read: Chainlink (LINK): Bears Take Control, LINK’s Future Bleak? Chainlink Falls to Start the Week as Experts Project 60% Upside In 2024, the cryptocurrency market saw unprecedented growth take place. Bitcoin led the way, with t...