Total3, an index that tracks the market capitalization of the top 125 cryptocurrencies, excluding bitcoin and ether (ETH), was trading 5.68% higher since the central bankโs announcement that it would slash the Federal Funds rate by 50 basis points, according to data on TradingView. Bitcoinโs market cap, by contrast, rose only 4.4%.
Altcoins Outperform Bitcoin (BTC) and Ether ((ETH) Following Fed Meeting Due to Poor Liquidity, Higher Beta
