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Benzinga
Benzinga
Business
Khyathi Dalal

Bitcoin Consolidates After FOMC Meeting: What Does Powell's Decision Mean For ETH, XRP, Dogecoin?

Bitcoin US Federal Reserve Dogecoin XRP Benjamin Cowen altcoin Crypto
Antalya,,Turkey,-,December,4,,2024:,Bitcoin,And,Cryptocurrency,Investment

Bitcoin (CRYPTO: BTC) continues to consolidate its dominance at the end of the month, but analysts say altcoins may seem more upside soon.

What Happened: Crypto analyst Benjamin Cowen warned in his latest podcast update that altcoins may start underperforming Bitcoin by Q4, citing the Federal Reserve's ongoing hawkish stance as a key headwind.

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