Ethereum might face a big drop in value as the Federal Reserve starts cutting interest rates, according to Benjamin Cowen.

A widely followed crypto analyst is issuing a warning that Ethereum (ETH) may collapse in value in sync with Fed rate cuts.

Oct 22, 2024

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In a new video update, crypto strategist Benjamin Cowen tells his 818,000 YouTube subscribers that ETH may follow a similar 2019 pattern and plummet to the lower bound of the logarithmic regression band putting the top altcoin at around $1,000.

According to the analyst, the logarithmic regression band is designed to track the fair value of an asset using…

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