đ Bitcoin Surges Past $62K After FED Rate Cut! đ
The FED's recent 50 basis point rate cut has sparked a notable rally in the cryptocurrency market. Bitcoin soared past $62,000, leading the charge. Altcoins like Solana, XRP, and Binance Coin also saw impressive gains. đ
Interestingly, Bitcoin and traditional stock markets, including the S&P 500, are showing similar patterns, both benefiting from the rate cuts. This growing correlation highlights BTC's sensitivity to macroeconomic policies.
While optimism is high, experts caution that the rally's sustainability remains uncertain amid ongoing economic challenges. Stay tuned! đ
