Binance Research: Altcoins Outperformed Bitcoin After Fed Rate Hike
- —The 10-year real yield hit 2.95% on Oct. 5, the highest since November 2008
- —Median gain across 194 altcoins after FOMC was 21% versus 9.3% for bitcoin and 2.7% for Ethereum
- —Layer-2 tokens rose 32%, RWA and AI tokens 29%, while memecoins and payment tokens added just 5%
- —Over the past week BTC fell 3.3% to ~$83,000, ETH lost 7.0% and the altcoin index dropped 3.6%
Why it matters: The report shows crypto now trades on real yields and spot ETF flows rather than the headline policy rate itself.
Source: Digital Today