After the Federal Reserve unexpectedly cut interest rates by 50 basis points on Wednesday, Bitcoin quickly rose to $61,000 and reached $63,850 on Friday. With Bitcoin's strong performance, the market value of memecoins also soared from $37 billion on Tuesday to more than $40 billion, a level not seen in nearly a month. This wave of gains has triggered FOMO sentiment and boosted investors' enthusiasm for memecoins.

Bitcoin is gradually becoming a safe haven against the depreciation of fiat currencies. As the immediate effects of this decision are apparent, the crypto investor community has received a much-needed boost, helping the industry out of the worst month in history.

However, whether investing in Bitcoin or buying memecoins, investors still need to be cautious. The Fed's decision may bring market volatility, and patience and calmness are the key to dealing with these ups and downs. In this time of opportunities and challenges, staying sane will be the key to success.

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