Chainlink's LINK Drops 8% Below Support Despite Largest Token Buyback Since August

Market Intelligence Analysis

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Chainlink's LINK token dropped 8% below its support level despite the network's growing adoption, including a recent partnership with Ondo, due to the broader crypto market weakness.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%

Article Context

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The oracle network's token succumbed to the broader crypto market weakness, even though adoption continues growing with a recent Ondo partnership.

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Original article published by Unknown on October 30, 2025.
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