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At the latest Federal Reserve meeting, it was announced that the benchmark policy interest rate was lowered by 25 basis points, to 4.25% to 4.5%. Although this outcome met market expectations, the hawkish wording in the statement and adjustments to economic forecasts had a noticeable negative impact on market sentiment. Cryptocurrencies opened to a bleak market, with significant declines in the prices of major coins and altcoins. Bitcoin fell below $100,000 on the morning of the 19th, while Ethereum dropped from $3,906 to a low of $3,543. According to Coinglass data, the total liquidation across the network in the past 24 hours reached $843 million, with long positions liquidating $743 million and short positions liquidating $100 million. However, amidst the overall market downturn, AI concept coins represented by ARC and "Fartcoin" represented by UFD stood out, not only unaffected by the cold market environment but also experiencing strong rallies, frequently hitting new highs, becoming the two major stars of the market. Despite the cooling market sentiment, influenced by the high trading volumes of tokens like Fat Penguin, UFD, and FARTCOIN, the 24-hour trading volume on the Solana chain saw a significant increase compared to previous days, with the overall market trading volume remaining at a high level.

At the latest Federal Reserve meeting, it was announced that the benchmark policy interest rate was lowered by 25 basis points, to 4.25% to 4.5%. Although this outcome met market expectations, the hawkish wording in the statement and adjustments to economic forecasts had a noticeable negative impact on market sentiment. Cryptocurrencies opened to a bleak market, with significant declines in the prices of major coins and altcoins. Bitcoin fell below $100,000 on the morning of the 19th, while Ethereum dropped from $3,906 to a low of $3,543. According to Coinglass data, the total liquidation across the network in the past 24 hours reached $843 million, with long positions liquidating $743 million and short positions liquidating $100 million. However, amidst the overall market downturn, AI concept coins represented by ARC and "Fartcoin" represented by UFD stood out, not only unaffected by the cold market environment but also experiencing strong rallies, frequently hitting new highs, becoming the two major stars of the market. Despite the cooling market sentiment, influenced by the high trading volumes of tokens like Fat Penguin, UFD, and FARTCOIN, the 24-hour trading volume on the Solana chain saw a significant increase compared to previous days, with the overall market trading volume remaining at a high level.

At the latest Federal Reserve meeting, it was announced that the benchmark policy interest rate was lowered by 25 basis points, to 4.25% to 4.5%. Although this outcome met market expectations, the hawkish wording in the statement and adjustments to economic forecasts had a noticeable negative impact on market sentiment. Cryptocurrencies opened to a bleak market, with significant declines in the prices of major coins and altcoins. Bitcoin fell below $100,000 on the morning of the 19th, while Ethereum dropped from $3,906 to a low of $3,543. According to Coinglass data, the total liquidation across the network in the past 24 hours reached $843 million, with long positions liquidating $743 million and short positions liquidating $100 million. However, amidst the overall market downturn, AI concept coins represented by ARC and "Fartcoin" represented by UFD stood out, not only unaffected by the cold market environment but also experiencing strong rallies, frequently hitting new highs, becoming the two major stars of the market. Despite the cooling market sentiment, influenced by the high trading volumes of tokens like Fat Penguin, UFD, and FARTCOIN, the 24-hour trading volume on the Solana chain saw a significant increase compared to previous days, with the overall market trading volume remaining at a high level.

ARC to the Moon 🌙