Chainlink LINK Surges on U.S. Government Data Partnership and ETF Filing Momentum

Chainlink LINK News - Chainlink (LINK) climbed 3% to $24 despite broader crypto market caution, driven by two significant catalysts: a U.S. government partnership to publish macroeconomic data on-chain and Bitwise's spot ETF filing with the SEC. The Bureau of Economic Analysis will now release GDP growth and PCE Price Index data directly onto blockchains including Ethereum and Arbitrum using Chainlink's Cross-Chain Interoperability Protocol. Commerce Secretary Howard Lutnick characterized the initiative as a commitment to digital innovation, with the first on-chain data point revealing 3.3% GDP growth. Analysts believe this integration could revolutionize automated trading and DeFi risk management. PYTH Network contributor Mike Cahill described it as "a new wave of transparency," positioning Chainlink at the forefront of institutional blockchain adoption.