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ethereum breaking out as fed cuts rates?! 🚀📉 Bitcoin chillin at $92k, but ETH hitting $3.3k
lmfao imagine thinking the Fed cuts rates for crypto… $ETH mooning, $BTC chilling, we’re all just along for the ride
The Federal Reserve cuts rates by a quarter point as markets demand, with Ethereum reacting as predicted. Bitcoin remains steady near $92,000, while Ethereum stays above $3,300. This move confirms the easing cycle’s persistence despite inflation concerns. Ethereum emerges as the preferred asset post-decision, leveraging liquidity sensitivity. The rally quality differs from prior leverage-driven ones, indicating a genuine valuation shift. Funding rates on derivatives exchanges remain stable, suggesting sustainable price growth. Large holders accumulating Ethereum signal a strategic positioning for stable growth support.
The market interprets the Fed’s actions positively, unleashing stablecoin liquidity for further deployment. The income paradox in Ethereum’s fundamentals arises from decreased layer 1 revenue post-Dencun upgrade. Despite reduced mainnet fees, the market values Ethereum for its growth potential and L2 activity expansion. Anticipated L2 developments aim to make Ethereum more cost-effective for real-world applications, supporting long-term viability. Institutional demand for Ethereum grows, reinforcing positive sentiment towards ecosystem growth. Jerome Powell’s outlined gradual easing path until 2026 signals stability, benefiting Ethereum’s growth narrative.
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