Fed rate cuts may make ether more attractive after being left behind by bitcoin

Date:

October 7, 2024

As the Federal Reserve is expected to further lower its key interest rate after delivering a 50 basis points rate cut last month, it is likely to strengthen the investment case for ether, which has been trailing behind bitcoin so far this year.

Source link

Meet the ScaleUp Startups exhibiting at TechCrunch Disrupt 2024

Maple Leafs sign Max Pacioretty, Steven Lorentz and get to within $1 of cap limit

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Fed rate cuts may make ether more attractive after being left behind by bitcoin

Recent posts

Meta to lift penalties on Trump’s accounts ahead of election

Why Trump foes can’t block day-one tariffs on China, Mexico and Canada

Norfolk Southern got more efficient in Q2 despite derailment settlement, shareholder fight

Disney’s slowing park attendance will weigh on the stock for the next 12 to 18 months, analysts say

Boeing’s confidence in Starliner ‘speaks volumes,’ says former NASA astronaut

Cocoa’s the best-performing commodity in 2024 — and even beat bitcoin. What’s next.

Hugo Boss shares sink as company becomes latest fashion seller to cut guidance

Lumber prices are at record lows — what that means for buyers and homebuilders

RFK Jr. would rattle health markets as head of HHS, but his confirmation is far from certain, analyst says

Wall Street is going all-in on election betting markets. What you need to know.

Treasurys poised to end July with longest stretch of monthly rallies in years

Five Below is curbing its expansion plans. But shares are rallying.

Nike sales fall as company prepares to bring in new CEO

Friday’s PCE inflation report: Here’s how financial markets may react

Why solar is the fastest-growing source of U.S. electricity

Related articles

Federal Reserve proposes more transparency in bank stress tests, but banks still sue

Oil prices stuck between geopolitical worries and expectations for surplus

Hyatt may add hotels in Mexico, Jamaica with potential Playa merger

Forget the stock-market tumble — the Fed made the right move in a wild week

Cocoa’s the best-performing commodity in 2024 — and even beat bitcoin. What’s next.

As the wealthy keep spending, here’s why the middle class is in for a tough 2025

How this Treasury-market dynamic could lead to the next big leg lower in stocks

As Teamsters go on strike, Amazon and its investors are trying to shrug it off

Company

Follow us