**Cryptocurrency News**

- The Federal Reserve cut rates by 50 basis points, with further cuts expected to reach 4.4% by year-end.

- Despite the rate cut, market sentiment is mixed, with some skeptical about the sustainability of crypto gains.

- Major cryptocurrencies such as Solana (SOL), BNB, XRP, and Cardano (ADA) all posted gains, with SOL leading the way at 6%.

- Polymarket expects further rate cuts, which could support short-term crypto market gains.

- Bitcoin is trading around $62K, up 2.4% in the past 24 hours. The CoinDesk 20 Index is up 3.4%.

- Experts warn of potential economic uncertainties and market volatility.