Crypto gainers: Fartcoin, Chainlink, Solana surge as Scott Bessent urges 50bps rate cut

Fartcoin rose over 20% recently, driving market recovery. It aims to surpass $1.085 for further bullish momentum. Meanwhile, Chainlink increased by 12%, targeting resistance at $26.86, and Solana continues gaining ground towards the $200 psychological level.

Treasurer Scott Bessent’s recommendation for a 50 basis point rate cut may reshape market dynamics. With the Consumer Price Index at 2.7%, traders are keenly watching these developments to gauge future trends for these cryptocurrencies.

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