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Chainlink ($LINK) Crypto Forecast: Down 5.0% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Chainlink?

Chainlink (LINK) is a popular cryptocurrency token known for its decentralized oracle network that connects smart contracts with real-world data. Today, LINK experienced a strong bearish movement in the market.

Why is Chainlink going down?

LINK crypto is down 5.0% on Sep 20, 2025 0:00

  • The bearish movement in Chainlink's price today could be attributed to profit-taking by investors after a recent period of gains.
  • The news of Caliber purchasing $6.5 million in Chainlink tokens and the announcement of the sale of $15.9 million in perpetual convertible preferred shares may have created some selling pressure on LINK.
  • Despite Chainlink's partnership with Saudi Awwal Bank to advance blockchain finance in Saudi Arabia, the overall market sentiment might have been influenced by broader market trends or external factors impacting the cryptocurrency space.

LINK Price Chart

LINK Technical Analysis

LINK News

Chainlink Price Forecast: LINK holds onto recent gains as buyback boosts demand

Chainlink (LINK) trades above $24 at press time on Friday, holding onto the more than 2% gains from Thursday, driven by the buyback of over 43,000 tokens. As LINK remains steady, the derivatives data suggest increasing optimism as open interest and bullish bets rise.

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-holds-onto-recent-gains-as-buyback-boosts-demand-202509191147

0 News Article Image Chainlink Price Forecast: LINK holds onto recent gains as buyback boosts demand

Caliber Purchases $6.5 Million in Chainlink ( LINK ) Tokens, Aligning Treasury With Chainlink Reserve

Second acquisition under Digital Asset Treasury strategy positions Caliber alongside Chainlink's infrastructure-first vision and marks the beginning of a growing LINK treasury Second acquisition under Digital Asset Treasury strategy positions Caliber alongside Chainlink's infrastructure-first ...

https://www.globenewswire.com/news-release/2025/09/18/3152317/0/en/Caliber-Purchases-6-5-Million-in-Chainlink-LINK-Tokens-Aligning-Treasury-With-Chainlink-Reserve.html

1 News Article Image Caliber Purchases $6.5 Million in Chainlink  ( LINK )  Tokens, Aligning Treasury With Chainlink Reserve

Chainlink partners with Saudi Awwal Bank to advance blockchain finance in Saudi Arabia

Chainlink (LINK) has signed an agreement with one of Saudi Arabia’s largest banks, Saudi Awwal Bank (SAB), to boost on-chain finance in the country.

https://www.fxstreet.com/cryptocurrencies/news/chainlink-partners-with-saudi-awwal-bank-to-advance-blockchain-finance-in-saudi-arabia-202509170733

2 News Article Image Chainlink partners with Saudi Awwal Bank to advance blockchain finance in Saudi Arabia

Caliber Announces Sale of $15.9 Million Perpetual Convertible Preferred and Activation of ATM Program

Access to additional capital further strengthens Digital Asset Treasury execution strategy ...

https://www.globenewswire.com/news-release/2025/09/17/3151537/0/en/Caliber-Announces-Sale-of-15-9-Million-Perpetual-Convertible-Preferred-and-Activation-of-ATM-Program.html

3 News Article Image Caliber Announces Sale of $15.9 Million Perpetual Convertible Preferred and Activation of ATM Program

Caliber Announces Sale of $15.9 Million Perpetual Convertible Preferred and Activation of ATM Program - CaliberCos ( NASDAQ:CWD )

Access to additional capital further strengthens Digital Asset Treasury execution strategy Preferred converts to common stock at $250 per Caliber share

https://www.benzinga.com/pressreleases/25/09/g47710967/caliber-announces-sale-of-15-9-million-perpetual-convertible-preferred-and-activation-of-atm-progr

4 News Article Image Caliber Announces Sale of $15.9 Million Perpetual Convertible Preferred and Activation of ATM Program - CaliberCos  ( NASDAQ:CWD )

Chainlink Price History

29.07.2025 - LINK Crypto was down 6.6%

  • The partnership between Chainlink and the US Department of Commerce to bring economic data on-chain was initially met with enthusiasm, leading to a surge in LINK's price.
  • However, the market sentiment might have shifted due to profit-taking or concerns about the overall cryptocurrency market, resulting in the bearish movement of LINK.
  • The announcement of Caliber, a real estate firm, becoming the first publicly traded company to start a Chainlink treasury could have influenced the market movement as well, with investors reacting to the news in different ways.
  • Overall, while the partnership news was positive, external factors and profit-taking could have contributed to the bearish movement in LINK's price today.

26.07.2025 - LINK Crypto was up 5.0%

  • The bullish movement of LINK today can be attributed to the partnership announcement with a financial conglomerate in Japan, focusing on DeFi use cases. This collaboration opens up new opportunities for Chainlink in the Asian market.
  • Additionally, the filing for a Chainlink ETF by Bitwise, with Coinbase as its custodian, could have sparked investor optimism and contributed to the positive price action of LINK.
  • The integration of Chainlink Proof of Reserve for BGBTC on Bitget may have also played a role in boosting confidence in the Chainlink ecosystem, leading to the rebound in LINK's price.
  • Overall, these developments highlight growing institutional interest and adoption of Chainlink's technology, positioning the project for further growth and expansion in the decentralized finance space.

18.08.2025 - LINK Crypto was up 5.1%

  • The recent surge in Chainlink's value can be linked to its collaboration with Saudi Awwal Bank to bolster blockchain finance in Saudi Arabia, enhancing its applicability and acceptance in the area.
  • Chainlink Data Streams' introduction on the SEI network is also thought to have influenced the positive market trend, demonstrating the practicality and demand for Chainlink's offerings.
  • In summary, strengthening partnerships and the seamless integration of Chainlink's features across different platforms have likely bolstered investor trust and propelled the bullish trajectory of the LINK token.

18.08.2025 - LINK Crypto was up 6.4%

  • A purchase of $6.5 million in Chainlink tokens aligning their treasury with Chainlink Reserve likely boosted investor confidence in LINK's future prospects.
  • The partnership between Chainlink and a bank to advance blockchain finance in a specific country could have sparked optimism about LINK's utility and adoption in the region.
  • An announcement of additional capital through the sale of perpetual convertible preferred shares may have signaled strong institutional interest in digital assets like Chainlink, contributing to the bullish momentum.
  • The launch of SeaFi's IDO for Lendr.fi, while not directly related to Chainlink, showcases continued innovation in the decentralized finance space, potentially creating a positive sentiment for cryptocurrencies like LINK.

27.07.2025 - LINK Crypto was up 5.0%

  • The positive movement in Chainlink (LINK) is possibly connected to optimism from the news of Bitwise applying to launch a LINK spot Exchange Traded Fund (ETF), demonstrating increasing institutional interest in the token.
  • Additionally, the collaboration between Chainlink and Japan's SBI Group to concentrate on DeFi use cases may have also fueled the positive momentum, creating new opportunities for blockchain-based tools in the finance industry.
  • The combination of the ETF submission and the partnership with SBI Group showcases Chainlink's growing presence in traditional finance and the decentralized finance sector, bolstering investor confidence and driving the price upwards.

27.07.2025 - LINK Crypto was up 5.0%

  • The bullish movement in LINK today may be linked to Bitwise filing for a Chainlink ETF, suggesting increasing mainstream interest in the cryptocurrency.
  • The partnership between Chainlink and Japan's SBI Group focusing on DeFi use cases likely boosted investor confidence in LINK's future utility and adoption.
  • The collaboration between SBI Group and Chainlink in bringing crypto technology to Asia's finance sector could have generated positive sentiment around LINK's expanding reach and potential market impact.
  • Overall, the news of institutional adoption and strategic partnerships within the cryptocurrency space appears to have fueled the bullish momentum in LINK today.

15.08.2025 - LINK Crypto was down 5.1%

  • The partnership between Polymarket and Chainlink to enhance market resolution accuracy could have positively impacted LINK's price, but the overall market sentiment overshadowed this development.
  • The launch of Chainlink Data Streams on the SEI network might have initially boosted LINK's price, but profit-taking and market-wide bearish pressure led to the downward movement.
  • Chainlink's potential collaboration with U.S. government agencies for on-chain initiatives, including voting in federal elections, could have sparked investor interest, but broader market conditions influenced LINK's bearish trend.
  • Despite positive developments and partnerships, external factors and profit booking in the cryptocurrency market likely contributed to LINK's bearish movement today.

02.08.2025 - LINK Crypto was up 5.0%

  • Following the announcement of a collaboration with the US Department of Commerce to incorporate economic data onto the blockchain, LINK's value surged by almost 4%, underscoring its rising adoption and usefulness within the blockchain sphere.
  • The revelation that official economic statistics from the US Government will be on the blockchain further propelled LINK's positive trajectory, showcasing the increasing melding of traditional institutions with blockchain technology.
  • Despite prevailing risk-off sentiments in the market, LINK's price stabilization above $23 and its outperformance of major cryptocurrencies like Bitcoin and Ethereum signal growing investor trust in its future prospects.
  • The amalgamation of favorable developments in LINK's adoption and functionality, alongside positive market attitudes towards blockchain's integration into conventional sectors, likely played a role in driving its noteworthy bullish movement.

28.07.2025 - LINK Crypto was up 7.0%

  • Caliber establishing a LINK token digital asset treasury strategy could have increased confidence in the LINK token, attracting more investors.
  • The "natural rotation" of funds from Bitcoin to altcoins like Ether might have contributed to the bullish movement of LINK.
  • The news of Bitwise filing to launch a LINK spot ETF could have sparked optimism and interest in LINK, leading to its price breakout towards $30.
  • The filing for a Chainlink ETF with in-kind creation and redemption, using Coinbase as its custodian, could signal growing institutional interest in LINK, further boosting its price.

28.07.2025 - LINK Crypto was up 5.2%

  • A real estate asset management firm announced the establishment of a Chainlink treasury, resulting in increased demand for LINK tokens and driving up the price.
  • The collaboration between the US Commerce Department and Chainlink to put GDP data on the blockchain added credibility to Chainlink's technology, attracting more investors to the project.
  • A stock price surge of 77% following the LINK treasury news highlighted the growing interest in blockchain integration among traditional companies, further boosting LINK's value.
  • Overall, the positive developments surrounding Chainlink's partnerships and use cases in integrating real-world data into blockchain ecosystems contributed to the bullish market movement of LINK.

20.08.2025 - LINK Crypto was down 5.0%

  • The bearish movement in Chainlink's price today could be attributed to profit-taking by investors after a recent period of gains.
  • The news of Caliber purchasing $6.5 million in Chainlink tokens and the announcement of the sale of $15.9 million in perpetual convertible preferred shares may have created some selling pressure on LINK.
  • Despite Chainlink's partnership with Saudi Awwal Bank to advance blockchain finance in Saudi Arabia, the overall market sentiment might have been influenced by broader market trends or external factors impacting the cryptocurrency space.

25.07.2025 - LINK Crypto was down 5.3%

  • Chainlink (LINK) saw a decrease in value despite securing a partnership with Japan's SBI Group for DeFi use cases.
  • This decline in value may be attributed to profit-taking following a recent price increase linked to the integration of Chainlink Proof of Reserve by Bitget for BGBTC.
  • Even though the collaboration with SBI Group and expansion into Asia's finance sector could bring long-term advantages, short-term market sentiment led to the decrease in value.
  • The uncertain market conditions and profit-taking activity might have outweighed the positive advancements in the Chainlink ecosystem, resulting in the decline in value.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.