Coinbase tapped Chainlink services for $7 billion bridge, but broader crypto weakness weighed on price.
Chainlink’s LINK Drops 5% Despite Coinbase Bridge Deal, But Bottoming Signs Emerge
Coinbase tapped Chainlink services for $7 billion bridge, but broader crypto weakness weighed on price.
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“Call options at $95K strikes for end-April and end-May expiries have dominated flow, pointing to a tactical appetite for further upside,” a trading firm said.
The company acquired 455 bitcoin in its third-largest announced purchase.
Galaxy said the long-dormant wallet sold 80,000 BTC through the asset manager as part of the investor's estate planning.
"When Long Positions drop, the price usually goes up," said one analyst.