Cryptocurrency Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. Chainlink (LINK) is a decentralized oracle network designed to deliver trustworthy, real-world data to smart contracts on the blockchain. Its native cryptocurrency, LINK, powers the network. By bridging the gap between on-chain and off-chain systems, Chainlink enhances the functionality of smart contracts self-executing programs that trigger actions based on predefined conditions. LINK has a market capitalization of ~USD 11.10 billion (as per TradingView as of November 13, 2025).

Last week, the S&P Cryptocurrency Broad Digital Market (BDM) Index opened on a weak note and extended its decline, falling 394.03 points (~6.26%) to close at 5,903.07 for the week ended November 7, 2025. As the new trading week commenced on November 10, the index continued to exhibit weakness, indicating renewed bearish momentum. The broader cryptocurrency market also remains under pressure, with major assets such as Bitcoin and Ethereum consolidating following recent pullbacks, thereby reinforcing the prevailing negative sentiment across the digital asset space.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one cryptocurrency that seems ‘Attractive’ at the current level appears to be Chainlink (LINK) based on the below technical parameters: -

Past performance is not a reliable indicator of future performance.