It has a solid iron and nickel core surrounded by a liquid outer core mostly of the same metals. It stays molten due to the immense pressure of all the mass above it, generating heat.
The liquid core is believed to be the source of the planet’s magnetic field. If you were to magically cool it and harden it, the planet would lose much of its magnetic field which would expose the surface to significantly more solar radiation, likely resulting in the planet becoming much less if at all habitable.
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