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Rahman
@israhman
๐Ÿ“Š Ethereum has outpaced Bitcoin in price growth following the recent 50 basis point rate cut by the Federal Reserve. ๐Ÿ”ผOver 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. โœ”๏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.
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