**Crypto Market Sees Gains Amid Fed Rate Cut đ**
- The Federal Reserve has cut rates by 50 basis points, aiming to bring the median benchmark rate to 4.4% by year-end.
- Major cryptocurrencies like Solana (SOL), BNB, XRP, and Cardano (ADA) saw gains, with SOL leading at a 6% increase.
- Bitcoin is trading near $62K, up 2.4% in the last 24 hours.
- Market sentiment remains mixed; some experts are skeptical about the sustainability of the rally.
- Traders on Polymarket are betting on further rate cuts, with a 41% chance of a 100 bps cut by year-end.
What are your thoughts on the Fed's rate cut and its impact on crypto? Share in the comments!
