CryptocurrencyAltcoins Outperform Bitcoin (BTC) and Ether ((ETH) Following Fed Assembly As a...

Altcoins Outperform Bitcoin (BTC) and Ether ((ETH) Following Fed Assembly As a consequence of Poor Liquidity, Larger Beta

21 September, 2024

Total3, an index that tracks the market capitalization of the highest 125 cryptocurrencies, excluding bitcoin and ether (ETH), was buying and selling 5.68% larger because the central financial institution’s announcement that it will slash the Federal Funds price by 50 foundation factors, based on information on TradingView. Bitcoin’s market cap, against this, rose solely 4.4%.

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Altcoins Outperform Bitcoin (BTC) and Ether ((ETH) Following Fed Assembly As a consequence of Poor Liquidity, Larger Beta

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