Chainlink (LINK) price is trading with a bearish inclination, having lost all the ground covered during the August 29 rally that was fueled by the Gra
yscale asset manager’s resounding victory in its longstanding case against the US Securities and Exchange Commission .Uniswap price has been finding difficulty in recovering the losses it witnessed over the past four weeks, and by the looks of it, some investors are losing confidence in the asset as well. However, the whale addresses clearly are not giving up on the DeFi token, pushing onwards by balancing the skepticism from other investors.
After prolonged consolidation, the market found impulse when Grayscale secured a victory against the US Securities and Exchange Commission . Bitcoin , Ethereum , and Ripple prices rallied, along with the broader market. It did not take long, however, before traders started cashing in on these gains to quench their profit appetite after a longstanding "inactionable" market characterized by shrinking volatility.
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