Bitcoin fell sharply on Monday, but bulls regained control, sparking a strong rally that took BTC to a 3-week peak above $61,000. 🚀 This comes amid expectations that the US Federal Reserve will cut key interest rates for the first time in years. Most altcoins followed BTC, with Ethereum up 4%, Binance Coin reaching $550, and XRP approaching $0.6. A total of $123 million in positions were liquidated, with $47 million in BTC shorts.