Chainlink Rallies on SWIFT Optimism, Senator Warren Gains Additional Support for Crypto Bill

Sep 18, 2023

U.S. equity indices are showing modest gains in Monday’s trading as investors remain focused on Wednesday’s FOMC meeting in which interest rates are expected to be held at current levels. Crypto markets are rallying as BTC (+2.92%) has risen above $27k, and ETH (+2.26%) has rallied to $1,660. Chainlink (LINK -0.24% ) is outperforming today, rising 10.22% amid optimism regarding its partnership with SWIFT to scale tokenized asset adoption. Chainlink leadership spoke at the Sibos Conference this morning, the global financial services networking event organized by SWIFT, discussing the future of finance and Chainlink’s role in that future.

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CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC -0.63% climbing back above $61,000 and SOL 0.37% moving above $145, while ETH -2.37% is lagging, trading around $2,400. Among today's outperformers is SUI -5.48% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...

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