The US Federal Reserve was expected to cut interest rates at the FOMC meeting, and it did! 🎢 BTC rose from $57,600 to $60,000 and fluctuated. 12 hours later, the BTC price is up 3% and has gained 7% for the week. Altcoins followed a similar path, with the total crypto market cap increasing by $100 billion.

While US stock markets saw small declines, gold prices fluctuated. Time will tell the long-term effects of the rate cut. ⏳