Chainlink surges 8% after a sharp drop – What caused the U-turn?

Dipayan Mitra

Chainlink was up by more than 8% in the last 24 hours.
Most metrics and market indicators looked bullish on LINK.

Chainlink’s [LINK] price registered a sharp decline on the 19th of January

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Chainlink surges 8% after a sharp drop – What caused the U-turn?