Can Ethereum Price Hit $20K Amid Trump’s Fed Rate Cut Push & ‘ETH Dead’ Claims?

Quick Summary:

Ethereum price has largely underperformed Bitcoin and other altcoin peers in recent times leading to a discussion whether ETH is dead.

While top altcoins like XRP, Solana (SOL) have delivered over 25% returns on the monthly chart, ETH is down by 4% testing investors’ patience.

Amid the inflationary environment and strong US economy, the Fed is willing to hold interest rates higher with the first rate cuts not expected until mid 2025.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News ETH price Donald Trump Ethereum (ETH) Fed rate cut Ethereum News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-25 @ 07:11:41 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 686 words

Reading Time: 4 minutes read

Sentences: 48 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25419959

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Main Topics: Crypto

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News Last Updated: 8 hours ago

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