The Federal Reserve has not raised interest rates, my mortgage hasn't decreased, yet ETH has risen first.
After last week's Federal Reserve meeting, I came across two pieces of news simultaneously:
Powell said inflation is still high, but the trend is improving, and there may be an interest rate cut within the year.
ETH price broke through $2500, with a weekly increase of nearly 10%
At that moment, I thought: how can the Federal Reserve's statement not reduce my mortgage, yet ETH has already risen? This logic sounds absurd, but in the crypto world, it makes perfect sense. Today, let's start from this point and talk about why ETH is so sensitive and why it has risen first.