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san🎭
@helpbringer
Ethereum Outperforms Bitcoin After Fed Rate Cut Since the US Federal Reserve cut rates by 50 basis points, Ethereum has gained over 16%, while Bitcoin has gained 6%. According to Coinglass, Ethereum futures now have a positive funding rate of 0.0082%, indicating bullish sentiment in the market. However, Evgen reminds that the funding rate is only 10% predictive of future price movement. 💁♂️ Looking at year-to-date returns, BTC has gained +43%, while ETH has gained +13.5%.
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