Markets· ★★★· bearish·

LINK holds $10.85–10.90 support after CLARITY Act fails in Senate

  • LINK trades near $10.88, support at $10.85–10.90, resistance at $11.50–12
  • RSI fell to ~46 from above 80 in August
  • The Senate failed to secure 60 votes on the CLARITY Act
  • Wyoming uses Chainlink's Proof of Reserve and CCIP for FRNT
Why it matters: The CLARITY Act failure heightens regulatory uncertainty for institutionally oriented tokens, but demand for Chainlink infrastructure persists.
Source: Blockonomi