🚀 Bitcoin Bulls Charge as Fed Cuts Rates! 🚀

Bitcoin (BTC) hit a three-week high of $62,600 after the U.S. Federal Reserve surprised everyone with a rare 0.5% interest rate cut. This move, only the third of its kind in history, sent BTC prices soaring and liquidated $128M in short positions.

Traders are now eyeing $64,000, but caution is advised—don’t get carried away! 📉

Meanwhile, the US Dollar Index (DXY) danced around its support levels, adding to the market drama.

What do you think? Will BTC break $65,000 soon? Drop your thoughts below! 💬

#Bitcoin #CryptoNews #FedRateCut