Cryptocurrencies rose during a broad market rally Thursday, one day after the Federal Reserve delivered a large interest rate cut.

A widely followed crypto analyst is updating his outlook on Ethereum (ETH) and other digital assets after the Fed cut rates this week.

U.S.-listed crypto shares jumped on Thursday after a half-percentage point interest rate cut boosted risk appetite, adding to the momentum of an industry that has already secured some big wins this year.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.

Cryptocurrencies continued their rally for the second day following the Fed's rate cut. Bitcoin and Ethereum led the gains, with Avalanche surging 9%. The broader market also saw significant gains. Experts see further gains in the Q4 period.

Bitcoin and other major cryptocurrencies surge as Federal Reserve cuts rates, sparking investor interest in high-growth assets like cryptos.

Cryptocurrency stocks Marathon Digital Holdings (MARA) and Coinbase Global (COIN) are higher alongside Bitcoin (BTC)