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Crypto Market Shows Growth After Fed Rate Cut, Bitcoin Stable
Gate News bot message, crypto market recorded a 1% increase following the Federal Reserve’s decision to implement a 25 basis points rate cut. Leading altcoins demonstrated gains between 4% to 8%, while Bitcoin price held steady.
Current market data shows Bitcoin trading at $117,192 with a minor decline of 0.04%, while Ethereum stands at $4,578, up 0.7%. The Fear & Greed Index registers at 52, indicating a Neutral market sentiment. Total market capitalization reaches $4.34T, with liquidations totaling $411M.