The Federal Reserve has implemented a 50 basis point rate cut, but there is skepticism about the sustainability of the crypto market rally. Major cryptocurrencies like Solana's SOL, BNB, XRP, and Cardano's ADA saw gains, with SOL leading at a 6% increase. There is notable interest in further rate cuts, with market bets indicating expectations of continued monetary easing by the Fed. Some market watchers believe the rally may be short-lived due to economic uncertainty and market fluctuations. Traders on Polymarket are confident that the Fed will continue cutting rates. Additionally, Aleo, Sui, and Fantom's tokens have seen double-digit increases after being listed on Coinbase.



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