

Bitcoin Crashed! Should You Buy Bitcoin RIGHT NOW? | Macro Monday
Jan 27, 2025
Mike McGlone, a macroeconomics and cryptocurrency expert, joins Dave Weisberger, a cryptocurrency market analyst, and Noelle Acheson, who focuses on the macroeconomic impact on digital assets. They dive into Bitcoin's fluctuating value and its role in the market amidst regulatory changes. The trio discusses the deflationary pressures and the potential for Bitcoin to rise to $70,000-$75,000. They also explore the interconnectedness of American innovation, geopolitical tensions, and the evolving crypto landscape.
AI Snips
Chapters
Books
Transcript
Episode notes
DeepSeek's Disruption
- DeepSeek, a Chinese competitor to ChatGPT, was developed for under $6 million.
- This exposed potential overvaluation of US tech stocks, causing market instability.
Decentralization of AI
- The over-concentration of power in big tech increases vulnerability.
- Cheaper AI, like DeepSeek, can decentralize AI's power, benefiting everyone.
Staying Calm in Crypto
- Remain calm during market fluctuations and understand their underlying dynamics.
- People often sell liquid assets like Bitcoin during market downturns, impacting the crypto market.