<ul><li>The U.S. Federal Reserve announced a 0.50% interest rate cut, boosting bullish sentiment in crypto and non-crypto markets.</li><li>Bitcoin and the broader cryptocurrency market experienced a rally following the rate cut decision.</li><li>Bitcoin spot ETFs saw a net outflow of $52.827 million after four consecutive days of inflows.</li><li>The current trade price of Bitcoin is $62,300, showing a 4% increase in the last 24 hours.</li></ul>

Bitcoin Surges 5% Despite $52M Outflow from Spot ETF, Fueled by Fed Rate Cut Decision

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