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Chainlink (LINK) Price Outlook: Will Institutional Adoption Offset Bearish Pressure?

Chainlink (LINK) Price Outlook: Will Institutional Adoption Offset Bearish Pressure?

Author:

Global Cryptocurrency

Published:

2025-11-07 20:34:07

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Chainlink LINK News -

Chainlink extends its weekly decline by 15.61%, reflecting weakening momentum. LINK currently trades near $14.56, showing diminished buying pressure despite SBI Digital Markets' selection of chainlink as its exclusive infrastructure provider.

Chainlink (LINK) continues to face downward pressure, dropping 2.88% in the past 24 hours and extending its weekly losses to 15.61%. This signals fading investor confidence across the broader crypto market.

In a bullish development, Japan’s SBI Digital Markets—managing approximately $78.6 billion in assets—has chosen Chainlink as its sole infrastructure provider. While this institutional endorsement sparked minor trading activity, LINK remains caught in a broader downtrend.

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