$ETH/BTC

The Fed's slowing pace of rate cuts has an impact on the ETH/BTC exchange rate from the perspective of market expectations

Impact on Bitcoin: Investors' expectations for Bitcoin will become more pessimistic due to the slowdown in rate cuts. The market may believe that the Fed lacks confidence in the economy or that inflation is still a serious problem, which makes Bitcoin less attractive as a safe-haven asset in the short term. Investors may reduce their purchases of Bitcoin or even sell their Bitcoin, causing its price to be under pressure.

Impact on Ethereum: Although Ethereum will also be affected by market expectations, its development is more related to the application and innovation of blockchain technology. If the market is still optimistic about the development prospects of the Ethereum ecosystem, even against the backdrop of the Fed's slowing rate cuts, some investors may still regard Ethereum as a long-term investment object, providing some support for its price.

Impact on the ETH/BTC exchange rate: Since Bitcoin and Ethereum are affected by market expectations to different degrees, the relative stability of Ethereum may cause the ETH/BTC exchange rate to have an upward trend to a certain extent.