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CRYPTO 101

Crypto Rundown: Altcoins Bleed.. Is it Time to Buy or Sell?!

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 20 June 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

In this edition of the Crypto Market Rundown, Brendan Viehman and Tevo delve into the shifting dynamics within the cryptocurrency markets, especially focusing on Ethereum and Bitcoin amidst the anticipation of Ethereum ETFs. They discuss the current state of altcoins, significant inflows into Bitcoin ETFs, and the potential impact of an approved Ethereum ETF on the market. Additionally, the episode touches on the increasing political engagement with cryptocurrency, highlighting Donald Trump’s pronounced support for crypto innovation in his campaign speeches, and its potential influence on regulatory approaches and market sentiment. The hosts also speculate on the implications of the SEC's decision to drop the Ethereum investigation, suggesting a more favorable regulatory environment for crypto in the near future.


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Transcript

Click on a timestamp to play from that location

0:00.0

Ladies and gentlemen, welcome back to the crypto market rundown, where we talk about everything that's happening in the great world of cryptocurrency, from the fundamentals in the news to the technicals on the charts.

0:20.7

We spend the time doing hours of research so that you all don't have to.

0:25.1

And for months now, we've been talking about how the crypto market has been going up and up and up.

0:30.4

And this week, we have a little bit of a change of pace.

0:33.9

Because while altcoins are primarily the things that are pulling back here, a lot of the

0:39.3

large market cat cryptos like Bitcoin, like Ethereum, a few others as well, are actually

0:44.4

holding pretty close to the highs. And there is a ton. And I mean a ton of really great news and

0:51.4

different stories that we got to talk about in today's episode, especially when

0:55.5

it comes to the Ethereum side of things and all things ETF related. Because, man, there's a lot

1:01.3

happening. So before we get too deep into all of this, TiVo, how we feeling over on your end?

1:07.5

Doing good, man. Been a down trending, you know, a couple weeks, especially for alts.

1:13.8

But there's just so much positive stuff going on in the space, especially within just us two being super busy.

1:20.1

Like last week, we didn't get to record an episode, but we put out something that we recorded in consensus about ASI, the ASI AI-AI AI coin merger. So if you haven't

1:29.5

heard that, definitely go check it out. But just one of many things that, you know,

1:35.1

price action is one thing, but then you got to remember sentiment's another. And we're

1:38.1

going to cover that with the fear greed index here in a second. But during these times,

1:43.1

it's definitely a good chance to maybe zoom out

1:45.7

and kind of see how far we've come over the last year, six months, three months, et cetera,

1:50.8

while we're in this boring range-bound zone. And I know that's what you're going to do for us today.

1:55.5

Yeah, exactly. I mean, the big question on everyone's mind here is, is the bull market over, right?

2:01.5

Because they're seeing a lot of these altcoins just kind of bleed and move down.

2:06.7

And it creates a lot of fear and uncertainty and doubt.

...

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