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Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018

Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.

Updated May 11, 2023, 3:22 p.m. Published Jun 14, 2022, 10:58 a.m.
Ethereum is underperforming bitcoin as the crypto market topples. (Shutterstock)
Ethereum is underperforming bitcoin as the crypto market topples. (Shutterstock)