Chainlink LINK Price Rebounds 4% After Fed FOMC Meeting Shakes Crypto Markets

Chainlink's LINK token experienced significant volatility following the latest Federal Reserve FOMC meeting announcement. The cryptocurrency initially dropped in value but quickly recovered with a 4% price surge as market participants reacted to the Fed's monetary policy decisions. This price action demonstrates how traditional financial events like FOMC meetings continue to impact cryptocurrency valuations, with Chainlink showing resilience amid broader market uncertainty. The volatility highlights the interconnected nature of traditional finance and digital assets, with major cryptocurrencies responding to macroeconomic indicators and central bank policies.