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Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin: Omkar Godbole

Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.

U.S. Federal Reserve Chair Jerome Powell (screen capture courtesy of the Senate Banking Committee)
U.S. Federal Reserve Chair Jerome Powell (screen capture courtesy of the Senate Banking Committee)