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Why Ethereum, Chainlink, and Cosmos Are Making Big Moves Today


Today is the first official trading day for stocks, but the third official trading day for cryptocurrencies in 2022. Most top tokens have seen heightened volatility to start the year, as investors place their bets on which tokens could outperform this year.

Most mega-cap cryptocurrency tokens are down today, with Ethereum (CRYPTO: ETH) trading 2.3% lower over the past 24 hours, as of 12:30 p.m. ET.

Out of the top 20 cryptocurrencies, Chainlink (CRYPTO: LINK) is one of only four tokens that have made a positive move over this same time frame. This token appreciated 3.5% over the past 24 hours.

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Source Fool.com

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