Two days ago, the cryptocurrency market experienced a significant price fluctuation, with BTC’s value plummeting to $58,500 for the first time in a considerable period. This decline came in the wake of the FED’s interest rate decision, which was announced approximately two weeks ago. As a result, BTC reached its lowest level in this period, causing a ripple effect across the market and triggering a sell-off in altcoins. However, the tides quickly turned, and a noticeable price recovery ensued. BTC’s value rebounded to $61,700, and altcoins followed suit. Among them, DOGE emerged as one of the standout meme coins of the day, while two different altcoins in the top 10 experienced significant gains.
