Ether Outperforms BTC After Fed Rate Cut, Suggests Bullish Sentiment
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The post Ether Outperforms BTC After Fed Rate Cut, Suggests Bullish Sentiment appeared first on Coinpedia Fintech News Ethereum has outperformed bitcoin since the U.S. Federal Reserve cut its Federal Funds rate by 50 basis points last Wednesday. Since the Fed initiated its first rate reduction in four years, ether increased by over 16%, while bitcoin increased by approximately 6% during the same period. Also, The Ethereum perpetual futures funding rate has flipped …
Source: coinpedia
