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
top
125
cryptocurrencies,
excluding
bitcoin
and
ether
(ETH),
was
trading
5.68%
higher
since
the
central
bank’s
announcement
that
it
would
slash
the
Federal
Funds
rate
by
50
basis
points,
according
to
data
on
TradingView.
Bitcoin’s
market
cap,
by
contrast,
rose
only
4.4%.