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Benjamin Cowen: Altcoins and the end of QT

Altcoins and the end of QT

Jerome Powell’s hint that quantitative tightening may be wrapping up has the altcoin crowd buzzing—easier Fed policy usually means more cash chasing riskier assets, and cryptos could be first in line.

If QT really is coming to a close, expect fresh fuel for altcoins as traders hunt for yield beyond Bitcoin, though keep an eye on how quickly—or slowly—the Fed pivots.

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