Linde plc (LIN) vs Chainlink (LINK)
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Correlation Analysis
Insight
Chainlink's price movements have been influenced by significant global events, indicating a correlation with broader market sentiments during periods of high volatility.
Historical Triggers
- 2015:European Migrant Crisis led to increased volatility in Chainlink prices.
- 2020:US presidential election impacted Chainlink prices due to market uncertainty.
Notes
- Chainlink's price is affected by global events, reflecting its sensitivity to market-wide sentiments.