🚀 **Crypto Market Rally Amid Fed Rate Cut: What’s Next?**
The recent 50 basis point rate cut by the U.S. Federal Reserve has sparked a rally in risk assets, including Bitcoin and altcoins. Analysts are buzzing about Bitcoin potentially surpassing the $65,200 resistance, signaling accelerated gains. 📈
However, caution is in the air. Rising unemployment, a declining Leading Economic Index, and a surging gold-oil ratio suggest an economic slowdown could be on the horizon.
What do you think? Is this rally sustainable or a temporary boost? Share your thoughts in the comments!