Altcoins Outperform Bitcoin (BTC) and Ether ((ETH) Following Fed Meeting Due to Poor Liquidity, Higher Beta

Total3, an index that tracks the market capitalization of the highest 125 cryptocurrencies, excluding bitcoin and ether (ETH), was buying and selling 5.68% larger because the central financial institution’s announcement that it could slash the Federal Funds charge by 50 foundation factors, based on information on TradingView. Bitcoin’s market cap, against this, rose solely 4.4%.