Ethereum Poised for 17% Surge Amid Fed Rate Speculation

Ethereum's Market Prospects Amid Fed Rate Cut Hopes

Ethereum has recently gained attention due to its potential for a significant price rally. Following a 3% rise, Ethereum now stands at the cusp of a potential 17% increase, contingent on maintaining a high-volume move above $2,395. The anticipated 50-basis-point interest rate cut by the US Federal Reserve has fueled optimism within the crypto markets, positioning Ethereum as a possible contrarian bet.