Altcoins are on the rise after the Fed's interest rate cut decision! đ
- While Bitcoin increased by 4.4%, cryptocurrencies other than ether and bitcoin increased by 5.7%.
- The fact that altcoins have higher beta and lower liquidity explains this difference.
- The Total3 index tracks the market value of 125 cryptocurrencies and increased by 5.68%.
- Experts state that altcoins are more volatile and therefore exhibit larger movements.
Do you think this rise of altcoins will continue? Share your thoughts in the comments! đŹ
