Traders bet on Fed rate cuts and U.S. altcoin ETFs, Memecoins price rises
Source: CoinWorld
Time: 2025-09-16 17:54:59
Driven by the peak altcoin season, the Memecoin sector is in a strong momentum, with the Federal Reserve's expected rate cuts boosting risky assets. Bitcoin’s dominance fell 3.5% in a month, while altcoins performed well, with SHIB and BOME leading the gains. Traders expect the Fed to cut interest rates by 25 basis points at 92%, which could pave the way for altcoin ETFs, including Dogecoin and Trump Fund, to go public in the fourth quarter.