Analysis: ETH is highly correlated with government bond yields, and the altcoin bull market will start from the next interest rate meeting.

BlockBeats news, on October 19th, Michael van de Poppe, the founder of MN Trading, said that there is a huge correlation between ETH and government bond yields. A 50 basis point rate cut = 11% pump in ETH; sentiment swap + rise in yields = ETH decline; it is expected that the AltCoinBull Market will start from the next Fed rate cut.

ETH-3.57%
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