Transcribed
Crypto Current: Trump's Bitcoin Advice, Fidelity's BTC Valuation, ETF Outflows and Altcoin Predictions
Aug 6, 2024 ·
5m 23s
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Crypto Current: Trump's Bitcoin Advice, Fidelity's BTC Valuation, ETF Outflows and Altcoin Predictions
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Description
The Crypto Currently Podcast is your hotspot for daily cryptocurrency news and insights. In our recent episode, we discuss former President Trump's unexpected perspective on the U.S. government holding onto...
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The Crypto Currently Podcast is your hotspot for daily cryptocurrency news and insights. In our recent episode, we discuss former President Trump's unexpected perspective on the U.S. government holding onto its Bitcoin assets. We also delve into Fidelity Investments' global macro director Jurrien Timmer's view on Bitcoin never reaching a million-dollar valuation. Notably, Bitcoin ETFs experienced outflows with Grayscale’s Bitcoin Trust leading the decline, while Ethereum-based ETFs remained unaffected. Prominent crypto strategist, The Flow Horse envisions another market decline before a sustained recovery - a sentiment echoed by analyst Benjamin Cowen who foresees a substantial altcoin decline. Despite recent downturns, the market shows resilience with Bitcoin and Ether bouncing back. Lastly, Credible Crypto sees the recent market correction as a positive indicator for a healthier market. Stay tuned to the Crypto Currently Podcast for more daily doses of crypto news.
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| Author | Sophos Media Productions |
| Organization | Sophos Media Productions LLC |
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