Solana and Chainlink Surge Amid Institutional Demand and Soft Inflation Data, Suggesting Potential for Future Rate Cuts
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2 Articles
Solana and Chainlink Lead Crypto Rally With Double-Digit Gains – #CryptoUpdatesGNIT
In brief Solana and Chainlink jumped over 12% as July CPI came in below forecasts, reinforcing bets on a September Fed cut. Institutional flows, not retail speculation, are driving this cycle, according to Presto analyst Min Jung. Analysts have warned rising leverage has increased systemic risk, making altcoins more vulnerable to sharp reversals. Solana and Chainlink were among the largest gainers on Tuesday following a cooler-than-expected infl…
Solana and Chainlink Surge Amid Institutional Demand and Soft Inflation Data, Suggesting Potential for Future Rate Cuts
Solana and Chainlink surged by 12.9% and 12.5%, respectively, following a softer inflation report, which heightened expectations for a Federal Reserve rate cut and attracted institutional investment. Solana’s price reached
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