🚀 **Crypto Surge: Bitcoin Nears $64K Amid Fed Rate Cut!**

Bitcoin is on the rise, nearing $64,000 after the Federal Reserve's decision to cut interest rates by 50 basis points. This move has boosted risk appetite across various asset classes. BTC surged nearly 6% in the last 24 hours, reaching its highest price this month at $63,800 before stabilizing above $63,000.

- **Ethereum (ETH)**: Up over 7%, bouncing off its 200-week simple moving average.

- **Altcoins**: Solana (SOL), Avalanche (AVAX), and Aptos (APT) saw gains of 10%-15%.

- **Crypto Stocks**: MicroStrategy (MSTR) and TeraWulf (WULF) surged by 10%.

Market analysts suggest that lower interest rates favor non-yielding assets like Bitcoin and gold. However, BTC faces a key test at the $64,000 level. Options traders are optimistic, with significant interest at the $70,000 strike for October.

What are your thoughts on this rally? Share in the comments! 💬