Bitcoin is on the rise again! 🚀 It jumped from $59,000 yesterday to $63,000 today. Altcoins are not left behind this time, there are serious gains especially in meme coins. 🎉

At the beginning of the week, BTC almost reached $65,000, but the bears immediately took control and dropped the price to $62,000. It later fell below $60,000 and hit a two-month low of $56,500 on Wednesday.

But after the Fed announced that it would not be raising interest rates anytime soon, BTC is back to where it started with a pump and dump of $2,000. It then started to recover and reached close to $60,000 yesterday.

BTC is currently hovering around $63,000. Its market cap rose to $1.240 trillion and its dominance over altcoins was 50.5%.

In meme coins, Dogecoin increased by 12%, PEPE by 11.7% and SHIB by 8%. Ethereum and Binance Coin also increased by around 3.5%.

Total crypto market cap has recovered over $200 billion since Wednesday's low, reaching $2.460 trillion.

Do you think this rise will continue? We are waiting your comments! 💬👇