4.6 • 821 Ratings
🗓️ 15 August 2024
⏱️ 42 minutes
🧾️ Download transcript
Brendan Viehman and Tevo analyze the latest trends in cryptocurrency, focusing on Bitcoin's price stability and the evolving dynamics of Ethereum ETFs. They discuss the recent market volatility, including Bitcoin's fluctuations between $60K and $50K, and the significant inflows and outflows affecting Ethereum ETFs. The episode also covers broader market movements, highlighting the impact of major players like BlackRock and Fidelity on the crypto ecosystem. As they dive into the technical aspects, the hosts provide a comprehensive overview of the critical support and resistance levels influencing the market, offering insights into potential future movements and investment strategies. They also breakdown the recent RIPPLE (XRP) verdict.
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0:00.0 | Ladies and gentlemen, welcome back to the Crypto Market Rundown, where we talk about everything |
0:13.9 | that's happening in the great world of cryptocurrency. From the fundamental in the news |
0:18.6 | to the technicals on the charts, we spend the time doing hours |
0:21.8 | of research so that you all don't have to. And we are back at it again with another action-packed |
0:28.4 | week in the crypto markets. Isn't that right, Tebow? Yeah, absolutely. Digesting last week's |
0:35.1 | wild swing from, you know, that huge sell-off going into the weekend, obviously |
0:39.6 | that bloody Monday, and then, you know, finding the balance and basically a little bit of |
0:44.1 | comeback on the end of the week. So, you know, just a good example, never to overreact to one |
0:48.9 | data point or one sell-off and try to zoom out and see the bigger picture. And that's why we're |
0:52.9 | here. Yeah. And everything that you just mentioned is causing quite a bit of choppiness in the markets. |
0:58.9 | We have Bitcoin with just these monumental moves from like 60K all the way back down to 50K. |
1:06.5 | And there's just a lot of volatility in between. But I will say that some of the cool things that |
1:10.8 | have come out of this is that Ethereum is getting a lot of volatility in between. But I will say that some of the cool things that have |
1:10.9 | come out of this is that Ethereum is getting a lot of love. And it's not the only one. |
1:16.7 | You know, we've been talking a lot in recent weeks about how Bitcoin dominance has been so high. |
1:20.9 | In fact, it hit a new multi-year high that we're going to show everyone in today's episode. |
1:26.9 | But on top of that, Ethereum is seeing |
1:28.5 | a lot of love here. Salana's been getting a lot of attention as we've been bringing up over the |
1:32.8 | past couple of weeks. And another one to show a big win that we don't always talk about over here |
1:37.3 | is XRP ripple. So we're going to be talking about literally things from all ends of the crypto space. |
1:43.0 | We have another major traditional financial |
1:45.8 | manager coming to the forefront, offering Bitcoin as a potential asset to some of their clients. |
... |
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