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Ali_ETH [๐ต,๐น]
@alietheth
๐ Ethereum has outpaced Bitcoin in price growth following the recent 50 basis point rate cut by the Federal Reserve. ๐ผOver the past seven days, BTC's price increased by 7%, while ETH surged by 14%. Experts point to the dominance of bullish sentiment and increased demand for long positions using leverage. โ๏ธ QCP Capital also highlighted the rise in the ETH/BTC pair โ from Friday's 0.038 to the current 0.0415. The options market indicates a shift in interest from put contracts to calls. /zora
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