Crypto Market Rallies After US Fed Rate Cut, Bitcoin Rises to $117,300
Bitcoin held around $117,300 (roughly Rs. 1.03 crore) on Thursday after the US Fed delivered a 25 basis points rate cut, while Ethereum advanced to $4,500 (roughly Rs. 3.9 lakh). Altcoins such as Solana, BNB, and Dogecoin also gained, reflecting cautious optimism. Analysts say capital rotation toward altcoins and fresh liquidity from money markets could fuel momentum. Traders now await Powell’s remarks and upcoming macro data for direction.
