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PYTH surges over 20% in a short period of time, following the U.S. Department of Commerce selecting the Pyth Network for on-chain economic data validation and distribution

By: theblockbeats.news|2025/08/28 14:22:18

BlockBeats News, August 28th, according to HTX market data, PYTH surged over 20% in a short period of time, now trading at $0.1415.

Previously reported, the U.S. Department of Commerce chose Pyth Network to perform on-chain economic data validation and distribution.

U.S. Data Strength Puts Pressure on Rate Cut Expectations

LINK sees a short-term price surge of over 5% after Chainlink's announcement of a partnership with the US Department of Commerce to bring government macroeconomic data on-chain.