what next amid crypto crash? — TradingView News
Chainlink mirrored the broader cryptocurrency market’s dump on Thursday, February 5, 2026 as LINK reached multi-year lows last seen in October 2023.
The decline saw the altcoin’s price hit lows near the critical support level at $8, which previously acted as a notable resistance level during the 2022-2023 crypto bear market.
All major coins were in the red on the day, headlined by Bitcoin.
LINK price drops as Bitcoin touches $67,800
As the chart below shows, LINK price hovered above $9.42 earlier in the day, but accelerated lower to test $8.40 intraday.
While prices have stabilized around the fresh lows, the cryptocurrency remains down nearly 9% in the past 24 hours and over 23% down in the past week.
Trading volumes jumped 31% to over…
