CRYPTO 101
Crypto Rundown: Solana’s Price Action Post Jupiter Airdrop
Feb 1, 2024
The podcast features Brendan, Tevo, and Bryce, who discuss various topics including Bitcoin's price action, Ethereum's performance, Google's stance on crypto ads, institutional interest in Ethereum, and the profitability of Maker Dow. They provide insights on the current state of the crypto market and potential buying opportunities, while also addressing the challenges faced by retail investors.
44:59
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Quick takeaways
- Bitcoin has reclaimed $43,000 and the crypto market is rallying alongside it, bringing optimism for the rest of the year.
- Visa's support for crypto, allowing Metamask users to sell crypto directly to Visa cards, promotes accessibility and interest in Ethereum.
Deep dives
Bitcoin Reclaims $43,000 as Crypto Market Rallies
Bitcoin has reclaimed $43,000 and the crypto market is rallying alongside it, with all coins seeing a surge in value. This has brought happiness to the average crypto investor, as selling pressure has slowed down and buyers remain active. Analysts predict a total of $90 billion in inflows for the rest of the year, further fueling optimism for the crypto market. Additionally, Ethereum is outperforming Bitcoin, with its momentum and ETH/BTC ratio climbing again.
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