BTC Breaks Above $62K, Altcoins Pump After FOMC

The broader market took a phenomenal upward trajectory after the latest U.S. FOMC meeting announced an interest rate cut of 50bp.  The global crypto market cap rose 3% over the past day to reach $2.14 trillion at press time. Moreover, the total market volume surged 21.36% in the past 24 hours to $91.32 billion. BTC price chart illustrated a nearly 3% upswing in the past 24 hours and is currently trading at $62,151. ETH price also gained nearly 3% in the past 24 hours to trade at $2,407. The crypto SOL witnessed a nearly 5% gain in value and is currently trading at $138. Also, Dogecoin (DOGE) price today noted gains worth nearly 3% to trade at $0.1041.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!

iOS: https://links.hashd.co/ios

Android: https://links.hashd.co/android