Crypto market sees overall increase; meme sector up over 5% despite SocialFi’s two-day decline

On September 18th, it was reported that the Federal Reserve cut interest rates by 25 basis points, leading to notable gains in the crypto market, especially in the Meme sector with gains around 5.09%.

MemeCore surged 18.49% and Pump.fun gained 7.13%. Ethereum rose to exceed $4,600, while Bitcoin slightly dropped by 0.05%, remaining around $116,000.

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