The recent announcement by the Federal Reserve to cut interest rates by 50 basis points has sent shockwaves through the market, especially among altcoins. The Fed rate cut has resulted in a significant surge in Bitcoin (BTC) and altcoin prices, with notable performances from Sui (SUI), Celestia (TIA), Fantom (FTM), Bittensor (TAO), and Sei (SEI). The altcoin rally was kicked off by the Sui and Fantom (FTM) breakouts on Monday before the Fed rate cut announcement that has pushed the five altcoins to the top performance of the past week according to CoinGecko. RSI signals a possible SUI price co…