Ethereum Surpasses Bitcoin with Increase: According to Famous Analyst, Direction Will Be Clear Today! - Coin Bulletin

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Ethereum (ETH) has surpassed Bitcoin, showing a rise of 7% in the last 24 hours. This rise is shaped by investors waiting for the results of the FED meeting.

Ethereum (ETH) outperformed significant cryptocurrencies with a 7% increase ahead of the FOMC meeting. The rise of Ethereum showed a parallel movement with assets like the memecoin Dogecoin (DOGE).

While Dogecoin gained 4%, Ethereum-based memecoins Pepe (PEPE) and Mog (MOG) saw an increase of over 5%. These rises allowed investors to make leveraged bets to take advantage of Ethereum's potential.

Ryan Lee stated that the result of the FOMC meeting will determine Bitcoin's short-term direction. The tone adopted by the Fed during the meeting will be decisive regarding whether Bitcoin can recover or not. If the Fed adopts a more dovish stance, this could mean a recovery for Bitcoin, while a tighter policy announcement could lead to deeper corrections. Lee said, "The short-term trajectory of Bitcoin will be linked not only to reinforcing its role as digital gold but also to broader economic signals."

ETH-1.26%
BTC-2.36%
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USUALLoyalPlayervip
· 03-19 13:53
Steadfast HODL💎
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