Bitcoin price has fallen by a few thousand dollars in the last hour, falling below $62,000 and reaching a weekly low. 🐻

- BTC is at its lowest level since the US Federal Reserve cut interest rates.

- ETH is down 3%, SOL is down 3.6%, DOGE is down more than 5%.

- Fed Chair Powell predicts two more rate cuts by the end of the year.

- This surge has cost 120,000 overleveraged traders $350 million.

What's going on in the crypto world? Let's discuss in the comments! 💬🚀