Bitcoin breaks $62k for first time since mid-August, Solana leads gains

Bitcoin’s price has risen to $62,326.36, a 4.07% increase over the past 24 hours and the highest since Aug. 27. The surge follows the Federal Reserve’s decision to cut interest rates by 50 basis points, exceeding the expected 25 basis point reduction. This action has increased liquidity in the financial system, making assets like Bitcoin […] source: https://cryptoslate.com/insights/bitcoin-breaks-62k-for-first-time-since-mid-august-solana-leads-gains/