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Chainlink ($LINK) Crypto Forecast: Down 5.3% 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 decentralized oracle network that enables smart contracts to securely interact with real-world data. The overall cryptocurrency market has been volatile, with investors closely monitoring developments in the space.

Why is Chainlink going down?

LINK crypto is down 5.3% on Oct 14, 2025 12:40

  • The bearish movement in LINK today could be attributed to profit-taking by traders after a period of bullish momentum.
  • The partnership between S&P Global Ratings and Chainlink to provide onchain stablecoin risk profiles may have sparked concerns or uncertainties among investors, leading to a sell-off in LINK.
  • Investors might be reacting to the potential implications of traditional financial players entering the stablecoin market, causing a shift in sentiment towards LINK.

LINK Price Chart

LINK Technical Analysis

LINK News

S&P Global taps Chainlink to rate stablecoins' ability to retain peg

S&P Global Ratings and Chainlink have partnered to provide onchain stablecoin risk profiles for TradFi players looking to enter or expand into the $300 billion market.

https://cointelegraph.com/news/s-p-global-taps-chainlink-rate-stablecoins-ability-to-retain-peg

0 Missing News Article Image S&P Global taps Chainlink to rate stablecoins' ability to retain peg

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.

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.

26.08.2025 - LINK Crypto was up 5.0%

  • Chainlink's bullish movement today can be attributed to the positive news of Worldcoin integrating Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Caliber selecting Coinbase Prime for trading and custody of LINK Treasury, boosting investor confidence in the project.
  • The technical outlook for Chainlink suggests a potential rebound, supported by the wedge pattern breakout and dip-buying emerging as profit-taking rises, indicating a strong buying interest in LINK.
  • Additionally, Chainlink's collaboration with Canton Network as a super validator and the continued adoption of its oracles and CCIP further solidify its position in the market, attracting more attention and investment in the project.

25.08.2025 - LINK Crypto was down 5.2%

  • Today's bearish movement in LINK is likely a result of investors taking profits, leading to selling pressure and pushing the price below $22.
  • Despite the downturn, there are indications of investors looking to buy the dip, suggesting an opportunity to acquire LINK at a reduced price.
  • The recent announcement of Caliber choosing Coinbase Prime for LINK Treasury trading and custody services may have positively influenced market sentiment, though profit-taking seems to have outweighed this development today.
  • In summary, the fluctuation in the LINK market appears to be driven by a mix of profit-taking, potential buying prospects, and external partnerships that are impacting investor confidence.

06.09.2025 - LINK Crypto was up 5.0%

  • LINK experienced a strong bullish movement today, with a significant recovery in its price.
  • The partnership with 24 leading financial institutions to streamline corporate actions using its oracle and blockchain technology seems to have positively impacted LINK's price.
  • Despite some downside risks indicated by on-chain and derivatives data, the overall sentiment around LINK remains bullish due to the industry milestone and integration with Swift for onchain fund transactions.
  • The accumulation of LINK by holders also suggests growing confidence in the token's future potential, contributing to its upward momentum.

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 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.

14.09.2025 - LINK Crypto was down 5.3%

  • The bearish movement in LINK today could be attributed to profit-taking by traders after a period of bullish momentum.
  • The partnership between S&P Global Ratings and Chainlink to provide onchain stablecoin risk profiles may have sparked concerns or uncertainties among investors, leading to a sell-off in LINK.
  • Investors might be reacting to the potential implications of traditional financial players entering the stablecoin market, causing a shift in sentiment towards LINK.

01.09.2025 - LINK Crypto was up 5.0%

  • LINK's bullish movement can be attributed to its recent partnerships with leading financial institutions and the integration of its technology with platforms like Swift and Worldcoin, enhancing its utility and credibility in the industry.
  • The announcement of Chainlink's Cross-Chain Interoperability Protocol (CCIP) adoption by Worldcoin may have also contributed to the positive sentiment surrounding LINK, as it opens up new possibilities for cross-chain transfers and interoperability.
  • Despite nearing key support levels and facing profit-taking pressure, the emergence of dip-buying suggests that investors remain optimistic about LINK's long-term potential, leading to the upward momentum in its price.
  • Overall, the combination of strategic partnerships, technological advancements, and market dynamics has fueled LINK's bullish movement, indicating growing confidence and interest in the cryptocurrency's ecosystem.
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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.