The oracle network token overcame selling pressure earlier Wednesday, but the technical picture remains mixed.
Chainlink Drops, Then Bounces 4% as FOMC Volatility Drives Crypto Market
The oracle network token overcame selling pressure earlier Wednesday, but the technical picture remains mixed.
Shares:
SUI bounced near $2.58 as Nasdaq-listed Lion Group revealed plans to acquire SUI, SOL and HYPE for its crypto treasury.
Crypto markets remain on the defensive as investors weigh macro pressures, rising ETF outflows and Powell’s upcoming remarks at Jackson Hole.
Treasurys, private credit, and commodities are driving growth, but most tokenized assets remain isolated from DeFi markets.
Analyst Chris Brendler sees 45% upside in shares of the crypto exchange.