Bitcoin maintained its position above $92,000 on Friday, marking a 2.2% daily increase. The cryptocurrency market saw a 2% rise overall, pushing the total market capitalization to $3.2 trillion. Solana experienced a notable 5% surge, driven by increased activity in memecoins, while Ethereum gained 1.5%. This market movement follows the Federal Reserve's recent decision to cut interest rates by 25 basis points, with Chair Powell indicating a potential shift towards a softer monetary policy in 2026. Analysts highlight strong support for Bitcoin as the year-end approaches.
Bitcoin Steadies Above $92,000 Amid Solana Memecoin Rally
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