$USDT dominance (USDT.D) was trading above the midline of its channel, but the likelihood of it bouncing back to the upper channel has diminished after breaking a crucial support level following the Fed's 50 basis point interest rate cut yesterday. This indicates a bullish sign for a BTC rally towards $70,000.

Support Levels:
5.43%
5.17%

Resistance Level:
5.78%
#usdtdominnce #fomcmeeting #fedinterest