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Bitcoin, Ethereum, Dogecoin, XRP Plunge Amid Fading Fed Rate Cut Hopes: As BTC Stays Below

Leading cryptocurrencies declined alongside stocks on Wednesday, as the six-week data blackout shrouds the Federal Reserve’s outlook for December. Cryptocurrency Gains +/- Price (Recorded at 8:25 p.m. ET) Bitcoin (CRYPTO: BTC) -2.99% $99,162.24 Ethereum (CRYPTO: ETH)                -6.46% $3,210.17 XRP (CRYPTO: XRP)                          -4.11% $2.30 Solana (CRYPTO: SOL)                          -6.34% $143.68 Dogecoin (CRYPTO:...

Bitcoin vs. Ethereum: Distinct Monetary Universes

Bitcoin is increasingly seen as a savings asset, mimicking gold's characteristics, while Ethereum is evolving into a utility-driven asset with a higher transaction velocity. Long-term Ethereum holders are mobilizing their assets at three times the rate of Bitcoin holders, indicating a shift towards utility rather than hoarding. Institutional investment in...

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