The cryptocurrency market continues to slump, with these four coins experiencing a drop of over 6% in the last 24 hours. Is there still potential for entry into the currency market?

Chainlink (LINK/USD) Price Declines by 6.78% to $17.4, Continuing Weekly Downward Trend

Chainlink's LINK/USD price has declined by 6.78% in the last 24 hours to $17.4, continuing a downward trend observed over the past week, with a decrease of 11.0% from $19.58 to its current value.

Volatility Analysis

• Price movement and volatility comparison for Chainlink over 24 hours and the past week.
• Bollinger Bands illustrate volatility; wider bands indicate increased volatility.

Market Metrics

• Trading volume decreased by 57.0% in the past week.
• Circulating supply dropped by 0.03%, totaling 587.10 million LINK.
• Circulating supply represents approximately 58.71% of the max supply of 1.00 billion.
• LINK holds the #15 market cap position at $10.21 billion.

Ethereum (ETH/USD) Price Slides 6.7% to $3,294.03, Reflecting Weekly Downtrend

Ethereum's ETH/USD price has dropped by 6.7% in the last 24 hours to $3,294.03, reflecting a downward trend seen over the past week with a decrease of 10.0% from $3,721.18.

Volatility Analysis

• Price and volatility comparison for Ethereum over 24 hours and the past week.
• Bollinger Bands depict volatility trends.

Market Metrics

• Trading volume decreased by 50.0% in the past week.
• Circulating supply increased by 0.98% to over 120.07 million ETH.
• ETH maintains the #2 market cap position at $396.11 billion.

Bitcoin (BTC/USD) Price Slumps 6.19% to $62,770.00, Continuing Weekly Decline

Bitcoin's BTC/USD price has fallen by 6.19% in the last 24 hours to $62,770.00, extending a downward trend observed over the past week with an 8.0% decrease from $68,593.57.

Volatility Analysis

• Price and volatility comparison for Bitcoin over 24 hours and the past week.
• Bollinger Bands indicate volatility levels.

Market Metrics

• Trading volume decreased by 52.0% in the past week.
• Circulating supply decreased by 0.51%, totaling 19.66 million BTC.
• Circulating supply represents approximately 93.62% of the max supply of 21.00 million.
• BTC maintains the #1 market cap position at $1.23 trillion.

Dogecoin (DOGE/USD) Price Slides 6.3% to $0.15, Continuing Weekly Decline

Over the last 24 hours, Dogecoin's DOGE/USD price has decreased by 6.3% to $0.15, continuing a negative trend observed over the past week with a 9.0% loss from $0.16.

Volatility Analysis

• Price and volatility comparison for Dogecoin over 24 hours and the past week.
• Bollinger Bands reflect volatility levels.

Market Metrics

• Trading volume decreased by 23.0% in the past week.
• Circulating supply increased by 0.69% to 143.57 billion DOGE.
• DOGE holds the #10 market cap position at $21.03 billion.

In conclusion, the recent market performance of these cryptocurrencies showcases significant declines in prices across the board.