Chainlink Falls More Than 4% In 24 hours

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Over the past 24 hours, Chainlink’s price has fallen 4.04% to $13.91. This continues its negative trend over the past week where it has experienced a 7.0% loss, moving from $15.24 to its current price.

The chart below compares the price movement and volatility for Chainlink over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements.

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has decreased 15.0% over the past week, while the overall circulating supply of the coin has increased 0.15% to over 556.85 million.

Read More: Chainlink Launches LINK Staking V0.2, What You Need To Know

This puts its current circulating supply at an estimated 55.68% of its max supply, which is 1.00 billion. The current market cap ranking for LINK is #13 at $7.90 billion.