Altcoins outperform Bitcoin (BTC) and Ether ((ETH) after Fed meeting due to low liquidity and higher beta

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By Maya Cantina

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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 bank announced it would cut the Federal Funds rate by 50 basis points, according to data from TradingView. Bitcoin’s market cap, on the other hand, was up just 4.4%.

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