BTC breaks through 76,800 to hit a new high, Ethereum rises above $2,900, the Federal Reserve cuts rates by 1 basis point, US stocks rise more and fall less

BTC peaked at $76,848 around 4 a.m., refreshing its all-time high, while Ether broke through $2,900. The four major indexes of U.S. stocks also rose mostly against the backdrop of a one-yard rate cut in line with expectations. (Synopsis: BTC soared 1900% in Trump's first term!) BTC can rush to $1 million this time? (Background supplement: Standard Chartered Bank is optimistic that BTC will break $125,000 at the end of the year and rise another 60% in 2025) BTC reached a new high of $76,422 yesterday (7) and then briefly consolidated downwards until it opened a new wave rise again in the evening, and climbed more than $76,848 at 4 o'clock this morning, setting a new all-time high again. It retreated slightly to the $76,000 level before the deadline and narrowed to 1.08% in the last 24 hours. Etherfang showed a stronger rise than BTC, reaching a maximum of $2,955 before the deadline and now trading at $2,916, with a rise of 4.78% in the past 24 hours. In the past 24 hours, the whole network Get Liquidated $335 million In the market of BTC, according to Coinglass data, in the past 24 hours, the amount of Get Liquidated on the entire cryptocurrency network exceeded $335 million (shorts accounted for $209 million), and more than 93,000 people were liquidated. On the other hand, the current open interest of BTC on the exchange has reached a new record high of $46.6 billion, which usually indicates that there will be greater fluctuation or short-term highs, so investors are advised to be cautious. In terms of U.S. stocks, the Federal Reserve (Fed) announced in the early morning that it lowered Interest by one yard (25 basis points) to 4.5%~4.75% range, in line with market expectations, emphasizing that the risks to achieving inflation targets are roughly balanced, and labor market conditions have been broadly relaxed, encouraging U.S. stocks to rise. The Dow Jones Industrial Average fell 0.59 points to close at 43729.34 points The S&P 500 rose 44.06 points or 0.74% to close at 5973.10 points Nasdaq rose 286.00 points or 1.51% to close at 19269.46 points Philadelphia Semiconductor Index rose 118.42 points or 2.27% to close at 5333.99 points Related reports With the US presidential election just around the corner, what "hype targets" can lie in ambush? With the US election storm approaching, a weak yen is the best safe-haven asset? Musk's shouting effect reproduces the "DOGE storm rise 17%", more than 40 million people in the United States have voted in advance (BTC broke through 76,800 and reached a new high, Etherfang stood at $2,900, the Fed cut interest rates by 1 yard U.S. stocks rise more and fall less" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".