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Altcoins at the limit — the market is preparing for the Fed's decisionOpen interest in altcoins rose from \$30 billion to \$38.6 billion in two weeks — almost catching up to Bitcoin (\$40 billion). Traders are 'switching' from BTC to altcoins, anticipating volatility after the Fed's rate decision. But this could be a trap.
Altcoins: \$38.6 billion
Bitcoin: \$40 billion
Ethereum: \$30 billion
Increase of \$8.6 billion since September 1
Altcoins at the limit — the market is preparing for the Fed's decision
Open interest in altcoins rose from \$30 billion to \$38.6 billion in two weeks — almost catching up to Bitcoin (\$40 billion). Traders are 'switching' from BTC to altcoins, anticipating volatility after the Fed's rate decision. But this could be a trap.
Altcoins: \$38.6 billion
Bitcoin: \$40 billion
Ethereum: \$30 billion
Increase of \$8.6 billion since September 1
Altcoins: \$38.6 billion
Bitcoin: \$40 billion
Ethereum: \$30 billion
Increase of \$8.6 billion since September 1
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