Crypto Market Cap Dips Below $3.5 Trillion as Bitcoin Falls, Chainlink Leads Recovery

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The cryptocurrency market experienced a significant decline on Monday, with the total market capitalization falling below $3.5 trillion. Bitcoin saw its first weekly loss since 2020, dropping 7.2%. However, altcoins like Chainlink, Hedera, and AAVE emerged as top gainers, fueled by strategic bull traders. The article also highlights Chainlink's integration with new memecoins, expanding its reach and utility.

The cryptocurrency market capitalization fell below $3.5 trillion on Monday, marking a 2.4% decline in the last 24 hours. Bitcoin price declined 7.2% last week, recording its first weekly loss since Trump’s victory in the election on November 5. Chainlink , Hedera , and

emerged as top gainers over the weekend, with strategic bull traders stepping in to counter the market crash. The AI-Agents sector has captured media attention over the past week, with Pudgy Penguins and Virtuals Protocol among the front-runners. Altcoin market updates: Chainlink, HBAR, lead market recovery The global cryptocurrency market cap shrank by $500 billion after the Federal Reserve's hawkish statements on December 17. Amid the market crash, Bitcoin price declined 7.2% last week, recording its first weekly timeframe loss since Donald Trump’s re-election. However, as early rebound signals emerged, Chainlink , Hedera and

emerged top gainers on Monday. Chainlink retakes $22 territory with 3% gains after integrating new memecoins Chainlink has surged by 3% to retake the $22 level, fueled by new integrations with popular memecoins. Over the weekend, several memecoins, including Shiba Inu and its ecosystem tokens Turbo and Apu , adopted Chainlink’s Cross-Chain Token standard. Chainlink Integrate new memecoin data streams | Source: X.

price broke above $340 on Monday, up 11% on the day, as third consecutive Fed rate cut sparks demand for DeFi lending products. Chart of the day: Crypto AI-Agent sector hits $10B Marketcap The Crypto AI Agent sector continues to shine amid broader market turbulence, reaching a $10 billion market cap on Monday. Amid increasing demand for AI-integrated blockchain projects, the sector has emerged as one of the fastest growing cryptocurrency sectors in recent weeks.

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