Bitcoin's price has surged over 6% to $63,199 per coin following the Federal Reserve's decision to cut interest rates. This has resulted in a wave of liquidations, with over $154 million in short positions being closed across all cryptocurrencies. Ethereum has also seen a significant increase, rising over 6% to $2,437 per coin.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.