Potential Rate Cuts Could Boost Ethereum and DeFi
9/18/2024 10:00:01 AM
According to @CryptoMichNL, if interest rates decrease, there could be a significant boost to DeFi and consequently Ethereum ($ETH). He does not believe that today marks the bottom for ETH, but is optimistic about Ethereum's performance once the Federal Reserve starts cutting rates. Currently, the chart for ETH looks unfavorable. (Source)
Ethereum DeFi $ETH rate cuts Federal Reserve