The Wolf Of All Streets Crypto Rallies After Tarrif Pause! More to Come? | Crypto Town Hall
Apr 10, 2025
Mike McGlone, Bloomberg's chief strategist, dives deep into Bitcoin's resilience amid economic shifts and its competition with traditional assets like gold. He discusses the impact of fiscal policies and regulations on the crypto landscape. Ryan brings a vibrant perspective on the spirit of the crypto space, emphasizing the community's skepticism towards regulators. They also explore how cryptocurrency is poised to transform travel, highlighting innovative solutions like Travala that make bookings easier through crypto payments.
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Bitcoin's Resilience
- Bitcoin's outperformance in a bear market is notable.
- This suggests a potential decoupling from traditional risk assets.
Bitcoin Debate Invitation
- Tune in to Macro Monday to hear Scott Melker and Mike McGlone debate Bitcoin's correlation with risk assets.
- The debate will be on Roundtable, Wolf of All Streets, and Scott's channels.
Bitcoin's Unexpected Strength
- Bitcoin's limited drawdown despite market volatility is surprising.
- This might indicate a change in Bitcoin's market structure or early unwinding of leveraged positions.