๐๐Just In: $SOL & $LINK Lead Altcoin Surge After CPI Data Boosts Rate-Cut Bets
A cooler-than-expected US CPI print (2.7% vs 2.8% forecast) fueled double-digit rallies in top altcoins as traders price in an 82.5% chance of a September Fed rate cut.
๐ฅ Top Gainers:
โข Solana (+12.9%) โ $198.48
โข Chainlink (+12.5%) โ $24.21
โข Ethereum (+8.6%) โ $4,670.42
โข Cardano (+8.9%) โ $0.85
Analysts say the rally is driven by institutional inflows, not just retail speculation โ a shift from past bull markets. But with leverage at $44B OI, markets remain vulnerable to sharp liquidations. โ ๏ธ
#Solana #Chainlink #CPIReport #FedRateCut #CryptoNews ๐๐