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CRYPTO 101

Crypto Rundown: The Donald Trump Trade- Why The Crypto Markets Could Be Set to Explode Higher

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 18 July 2024

⏱️ 46 minutes

🧾️ Download transcript

Summary

In the latest episode of Crypto Rundown, hosts Brendan Veihman and Tevo dive into the thrilling resurgence in the crypto market, with Bitcoin, Ethereum, and other cryptocurrencies showing strong recovery signs. They discuss the potential bottoming out of the Bitcoin drip and explore how recent political events, including an assassination attempt on former president Trump and his pro Bitcoin VP JD Vance shows a playbook on how the market could react if Trump won in November. The episode also covers the bullish market indicators and the anticipation surrounding the approval and launch of Ethereum ETFs, predicted to greatly influence Ethereum's valuation. Brendan and Tevo dissect the complex interplay between market technicals and news flow, providing listeners with in-depth analysis and predictions for the future of cryptocurrencies.


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Transcript

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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.

0:20.0

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

0:25.0

And man, the crypto market is back.

0:27.7

We are ripping.

0:29.0

It doesn't matter if it's Bitcoin and Ethereum and the other large caps.

0:33.0

It doesn't matter if it's the alt coins and the midcaps.

0:35.7

It doesn't even matter if it's the microcoins and the reallycaps. It doesn't even matter if it's the microcoins

0:37.6

in the really early small market caps. The entire crypto sector is ripping. And man, it looks like a

0:43.6

bottom is in. We have so much to talk about in this episode, especially when it comes to the news

0:49.0

side. And everyone's big question here is, is Bitcoin kind of bottoming out? You know, has it bottoms?

0:55.0

Where can we go from here?

0:56.0

And what were the catalyst that caused this thing in the first place?

1:00.0

And so that's what we want to talk about in this market rundown here today.

1:05.0

It's just not only like what acted as this bottom point for Bitcoin and a lot of alt coins as well, but also what we think

1:12.0

on the matter and where we think the crypto industry can go here. And, you know, Tevo, I want to

1:17.1

introduce you as well, but real quick before we do that, you know, this is something that we've

1:21.6

that we talk about every week. You know, we're here week in and week out. It doesn't matter

1:26.1

if the markets are going down. It doesn't matter if the markets are going down. It doesn't matter if

1:28.2

the markets are ripping like they are this week. We are here every single week making sure that

1:32.1

everyone is staying up to date on what's happening. Absolutely. And if you go back to literally

1:38.7

last week's episode, we were breaking down. I think you said it. You said Bitcoin broke and it broke over the 4th of July weekend.

1:45.9

And everybody was trying to enjoy themselves. And we had that kind of, you know, what you might think or what we hope is that last kind of capitulation downward before the movement. But I'll point this out. So last week, you know, I always try to be positive. Last week's rundown episode, even though it covered the downward price

...

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