Global crypto market updates: Biggest 24-hour moves every holder should know
The global cryptocurrency market posted solid gains in the past 24 hours, with the total market capitalization advancing to nearly $4.2 trillion, News.Az reports.
Investor confidence was boosted by a combination of monetary easing, regulatory developments, and fresh institutional products entering the market.
Fed Rate Cut Sparks Renewed Optimism
The biggest macro driver came from the United States, where the Federal Reserve cut interest rates by 25 basis points for the first time this year. The long-anticipated move injected optimism across risk markets, including digital assets, as investors interpreted the decision as a signal that borrowing costs will gradually ease.
While Bitcoin (BTC) saw…
