๐ The Fed's 50 bps rate cut has sparked mixed reactions, but crypto markets are buzzing! Major coins like Solana's SOL (+6%), BNB, XRP, and Cardano's ADA are seeing gains. Bitcoin is trading near $62K, up 2.4% in 24 hours. ๐
Despite the rally, experts like ByBitโs Chris Aruliah and Maelstromโs Arthur Hayes urge caution, highlighting economic uncertainties. Polymarket traders are betting on more rate cuts, with a 41% chance of a 100 bps cut by year-end.
Whatโs your take on the Fed's move? Will the crypto rally last? Drop your thoughts below! ๐ฌ #CryptoNews #Bitcoin #FedRateCut
