đ **Crypto Market Soars After Fed Rate Cut!** đ
- The U.S. Federal Reserve's 50-basis-point rate cut has sparked a bullish wave in the crypto market.
- Total liquidations surged by 46%, hitting nearly $200M, with $126M in shorts.
- Bitcoin (BTC) leads with $75M in liquidations after a 2.9% price hike, now trading at ~$62K.
- Ethereum (ETH) follows with $35M in liquidations, surpassing $2,400.
- Over 66,000 traders liquidated in the past 24 hours.
- Open interest rose by 4%, signaling potential FOMO and price fluctuations.
- Global crypto market cap increased by 1.9%, reaching $2.23T.
đŹ What are your thoughts on this bullish trend? Comment below!