The most recent cryptocurrency bull run is in rocky territory as of right now, but that doesn’t mean that cryptocurrency as a whole is a bad investment. In fact, a correction is actually the best time to put money into the cryptocurrency market, as you’ll see bigger gains once the market recovers and starts to improve.
Even as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) tumbled 10.7% and 16.9% respectively for the week, two Ethereum rivals have surged heading into the second week of 2022.
Over the past 24 hours, Chainlink's (CRYPTO: LINK) price has fallen 10.64% to $23.92. This is opposite to its positive trend over the past week where it has experienced a 19.0% gain, moving from $20.23 to its current price.