Bitcoin, Ethereum, XRP, Dogecoin Rally On Fed Rate Cut, Altcoin ETFs – 'Slow & Steady - On To New Highs'
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Cryptocurrency markets are rising following the Federal Reserve's rate cut and the introduction of new altcoin ETFs. In the last 24 hours, 105,119 traders were liquidated, totaling $336.51 million. Bitcoin gained 2%, with analysts predicting a 70% chance of new highs soon. Notable developments include record trading volumes for Dogecoin and XRP ETFs, and Franklin Templeton's collaboration with Ripple on tokenized funds. Despite some bearish calls, Bitcoin is expected to trend towards new all-time highs, supported by strong ETF inflows and bullish futures.
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