🚀 Bitcoin Surges Post-Fed Rate Cut! 🚀

The much-anticipated FOMC meeting on September 18th delivered a 50 basis point interest rate cut, and boy, did the markets react! 🎢

BTC Goes Up 📈

Bitcoin, the star of the show, saw its price leap from $57,600 to $60,000 even before the announcement. Post-cut, it experienced wild swings but ultimately settled nearly 3% higher than yesterday, hitting a 3-week peak above $62,500 before stabilizing around $60,000. Weekly gains stand at a solid 7%! 🌟

Liquidations soared to $200 million, with BTC leading the pack at $75 million. Altcoins followed BTC's lead, pushing the total crypto market cap up by $100 billion overnight. 🌐

Stay tuned, BTC enthusiasts! The short-term outlook is bright, but only time will tell if this bullish trend continues. 🌈