CandleFocus SUI, TIA, FTM, TAO, SEI prices soar as altcoins react to Fed rate cut
2024-09-21
Author: Content Editor
The recent announcement by the Federal Reserve to cut interest rates has had a positive impact on the prices of altcoins, including Sui, Celestia, Fantom, Bittensor, and Sei. Sui has seen a 44% increase in price over the past week, with a bullish outlook for the future. Celestia has experienced a slight decline but still saw a 33% surge over the past week. Fantom has showcased resilience despite a small decline in price, and Bittensor has seen a 31% surge. Sei has also experienced a surge in price, reaching a new monthly high. The altcoin rally is a result of broader economic changes, and analysts predict further price increases for these altcoins in the future.
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