BTC突破63000美元

The market shows that BTC has broken through $63,000, currently trading at $63,032, with a 24-hour increase of 5.23%. The market fluctuation is relatively large, please be aware of the risks.

<p>The market shows that BTC has broken through $63,000 and is now trading at $63,032, with a 24-hour increase of 5.23%. The market is volatile, so please do a good job of risk control.</p>

BTC breaks through $63,000

The day before the Federal Reserve's interest rate decision, the cryptocurrency market saw a broad rally.

According to Bybit data, Bitcoin surged to $61,000 during the day on Tuesday, marking the largest intraday gain since August 8th. Major cryptocurrencies such as Ethereum, Dogecoin, and Solana also rose, with gains ranging between 2%-4%. As of the time of writing, the trading price has retreated to around $60,253, with a 24-hour gain of nearly 4%.

In the Altcoin market, the majority of the top 200 tokens by market capitalization have seen increases. Dymension (DYM) saw the largest gain, rising 24.1%.

Bitcoin breaks through $61,000, posting its biggest intraday gain since early August

According to CoinGecko data, the current total cryptocurrency market capitalization has risen to $21.71 billion, with a 24-hour increase of 1.4%. Additionally, BTC's market dominance is 54.8%, while ETH's is 12.9%. Furthermore, Coinglass data shows that over the past 24 hours, the entire network has seen $131 million in liquidations, with $52.32 million in long liquidations and $78.70 million in short liquidations.

In the past 24 hours, the entire network has liquidated $131 million, and BTC's market share has risen to 54.8%

- The Federal Reserve has lowered interest rates by 0.5%.
- Market participants have mixed views on whether this larger-than-usual rate cut is good news.
It has finally happened: interest rates in the United States are declining.
Federal Reserve Chairman Jerome Powell announced on Wednesday that the nation's central bank will lower interest rates by 0.5%, putting them in the range of 4.75% to 5%.
Bitcoin rose 0.5 percentage points, reaching $60,500, while other major crypto assets such as Ethereum and Solana remained stable.
High interest rates make the cost of borrowing money higher and encourage investors to purchase risk-free government bonds to earn.