Bitcoin rose to almost $63,000 at the Wall Street open on September 19, paralleling gains in the stock market.

Bitcoin is nearing a three-week high of $63,500 on Bitstamp, according to Cointelegraph Markets Pro and TradingView data.

Bitcoin, gold, and stocks have all seen gains after the US Federal Reserve cut interest rates by 0.5%.

The S&P 500 is approaching new records, while BTC/USD is also moving toward its March highs.

The US 2Y/10Y spread has been inverse since July 2022 but has recently widened to +8bps, QCP Capital said.

The Fed is expected to cut two more interest rates by the end of the year.

The S&P 500 and Nasdaq are up more than 20% this year, with market value up $3 trillion since September 6.

Bitcoin investors are optimistic. Michaël van de Poppe evaluated the BTC/USD performance and noted that there are buying opportunities in the markets.