Chainlink (LINK) is currently trading below crucial resistance levels, which could trigger a strong rally if bulls manage to reclaim them. However, volatility and uncertainty have dominated the market since the start of the month, keeping LINK’s price action unstable.

A crypto analyst says deep-pocketed investors are snapping up the top layer-1 platform Ethereum (ETH) amid the marketwide digital asset correction.

“Whales have bought more than 420,000 Ethereum ETH in [five days]!”

One of the main goals of the current US administration, led by President Donald Trump, is to make the country the global leader in cryptocurrency. Trump has spoken about this goal many times, even before he was elected, and he continues to emphasize it.
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