AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
Talk Your Book: Fidelity Digital Assets Mailbag
Animal Spirits Podcast
The Bull Market and Bitcoin Is Quiet
We've seen network consolidation into basically the two networks that have real users Which is bitcoin and ethereum. If we look at the underlying network data And we put aside the price action I like to say you would be pretty shocked That the price of bitcoin was down 75% last year. We continue to see more accumulator addresses on bitcoin and then people that only people that are only buying Yeah, exactly right these these agnostic like they don't care. The Exogenous variables the the centralized exchanges that were built on unsound business practices Uh and and the lending and re-hypotication that was taking place in the macro environment which shifted All was was sort of the primary drivers of the the
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode