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Aggressive 50bp rate cut: How long will the market frenzy last?
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Bitcoin continued to trade in a narrow range near the $0.06 ...

Bitcoin continued to trade in a narrow range near the $0.06 million level on the 18th. It remained stable until the Federal Reserve announced a two-point rate cut at 2 am, causing a brief spike in price above $0.061 million before quickly falling again.

However, after stabilizing around $0.06 million, Bitcoin experienced a rapid surge starting from 6 am, reaching as high as $62,397 at the time of writing. It has increased by 4.08% in the past 24 hours, reaching its highest price since the end of August.
#The road to wealth in cryptocurrency
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