Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate

Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate

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Source: Coindesk.com

Altcoins were the better performer after the Fed's decision to lower rates on Wednesday. Cryptocurrencies excluding ether and bitcoin have risen 5.7% since the decision was announced while bitcoin is up 4.4%. Experts say this divergence isn't unusual, given altcoin's poorer liquidity and higher beta.

Bitcoin (BTC) may have

Read More https://www.coindesk.com/markets/2024/09/20/altcoins-outperform-bitcoin-and-ether-following-fed-meeting/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate" appeared first here Coindesk.com.

Source: Coindesk.com

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