Bitcoin failed to break out of its range following the Federal Reserve's interest rate cut, with a price of $116,605.69. Ethereum rose by 1.98% to $4,607.27, XRP increased by 1.24% to $3.08, Solana surged by 3.71% to $245.69, and Dogecoin saw a 4.40% spike to $0.2819. Despite Bitcoin's struggle, Ethereum broke $4,600 with a 51% increase in trading volume. Bitcoin's dominance fell below 57% as capital flowed into altcoins, pushing their market share to 30%. Over $350 million was liquidated from the market in 24 hours, with long position traders losing $188 million. Bitcoin shorts risked liquidation if it rebounded to $118,000. Bitcoin open interest decreased by 1.01%, yet 54% of Binance derivatives traders held long positions. Binance traders turned bearish, with over 52% betting against Bitcoin.