Global #market sentiment

Pepe (PEPE) has captured the attention of traders this week with a significant upward movement following its successful breakout above a descending trendline and a critical resistance level.

On September 19, Bitcoin's price action took center stage as the cryptocurrency sought to establish $62,000 as a new support level. This movement comes on the heels of a surprising decision by the United States Federal Reserve to implement a rare 0.5% interest rate cut, stirring markets and prompting investors to reassess their positions.

The financial markets experienced notable volatility on Wednesday as traders across Asia and beyond responded to mixed signals from the U.S. Federal Reserve and ongoing geopolitical developments.

In the past 24 hours, the cryptocurrency market has experienced a notable downturn, with the total market capitalization falling by 2.36%, from $2.11 trillion to $2.05 trillion.

Bitcoin has experienced a notable intraday pullback, dipping 1.15% to trade at $58,450, breaking below the $59,000 mark. This decline marks the third consecutive bearish day for the leading cryptocurrency, with its value down by 3.45% over this period.

Toncoin (TON) holders are currently witnessing a notable upswing in their investments, as recent data reveals a significant increase in the coin’s profitability.