Chainlink (LINK) Price: Is It's 15% Surge The Start of a New Rally?
The price of the Chainlink (LINK) cryptocurrency is surging on Wednesday, with its price up over 15% in the last 24 hours. The altcoin was up as high as 16.8% in the morning, etching a path to reverse its February drop. The asset had previously surged after US President Donald Trump announced plans for the country’s first crypto reserve. Although LINK was not named, the president noted that it would include “other valuable cryptocurrencies” to purchase to make up the reserve. However, the increase did not last, as it is started March down once again in price. Fortunately, the coin’s price is picking up some steam and promise. LINK is up to $16.14, and its trading volume has risen by $938.4M. This trading volume rise is a good sign of heightened market interest in the Chainlink cryptocurrency. Additionally, there is returning speculation about its technology being adopted by the U.S. strategic reserve. Will Chainlink Integration into US Strategic Crypto Reserve Send LINK Soaring? C...