The crypto market saw broad as entire crypto market cap surged 2.2 % to over $4.2 trillion in the past 24. Bitcoin rose 1.1% to $117,700 following the Federal Reserve’s 25 basis point rate cut, which reignited optimism across risk assets. The move fueled gains across most crypto sectors, with Ethereum breaking $4,600 and the Meme sector surging over 5%. While SocialFi lagged for a second straight day, market sentiment broadly improved as investors priced in expectations of further easing this year.
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