Article Summary

**Chainlink (LINK) Shows Resilience Amid FOMC-Driven Cryptocurrency Market Volatility** Chainlink's native cryptocurrency LINK demonstrated remarkable recovery during Wednesday's trading session, bouncing back to $18.40 after experiencing significant intraday volatility triggered by Federal Reserve FOMC announcements. The altcoin initially suffered a sharp selloff that pushed prices below the critical $18 support level, highlighting how traditional monetary policy decisions continue to impact the broader cryptocurrency market. This 4% rebound showcases LINK's resilient price action amid broader crypto market turbulence, as Bitcoin and other digital assets faced similar pressure from macroeconomic uncertainty. The Federal Open Market Committee's policy decisions have increasingly influenced cryptocurrency trading patterns, with DeFi tokens like Chainlink particularly sensitive to interest rate speculation. Chainlink's recovery above the $18 threshold signals potential bullish momentum for the blockchain oracle network's token, as traders reassess risk appetite following initial FOMC-related selling pressure. The cryptocurrency's ability to reclaim key support levels during heightened market volatility demonstrates strong underlying demand, positioning LINK for potential continued upward movement as crypto markets digest Federal Reserve policy implications and institutional sentiment stabilizes.