$BTC $ETH Cryptocurrency Market Summary: BTC and ETH Stabilize After Fed Rate Cut
Cryptocurrency markets stabilized this week following the latest interest rate cut by the U.S. Federal Reserve, with analysts suggesting that a broader rebound could emerge once short-term volatility subsides.
BTC remained above $92,000 (+2.6% over 24 hours) and ETH near $3,250 (+1.8% over 24 hours), signaling resilience despite the initial sell-offs that followed the reduction.
The Fed's third rate cut this year (0.75% in total) triggered a classic "buy the rumor, sell the news" movement, but historical patterns suggest a rebound once volatility eases.
The Fear and Greed Index, at 29, indicates caution, but a gradual increase suggests a decline in pessimism - often a precursor to recovery phases.
Solana outperformed with gains exceeding 6%, while XRP and BNB remained range-bound, with investors awaiting clearer ETF and macro signals.
What to Watch
The decline in borrowing costs generally increases risk appetite, encouraging capital flows into speculative assets such as cryptocurrencies. Analysts believe that if macroeconomic conditions remain stable, the post-cut environment could favor a broader cryptocurrency rally once short-term volatility fades.
Traders are now monitoring sentiment indicators, on-chain activity, and upcoming economic data to confirm that the market has moved past its immediate adjustment phase.
