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The Wolf Of All Streets
Bitcoin's Big Break: New All-Time High Ahead!
Jun 7, 2024
Crypto expert Nathaniel Whittemore discusses Bitcoin trading near all-time highs, Biden's veto of SAB 121, Democratic party reevaluation, Robinhood's acquisition of Bitstamp, GameStop stock figure's resurgence, and daring stock moves in meme coin trading.
25:12
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Quick takeaways
- Bitcoin's performance reacts to economic data fluctuations, showcasing market sensitivity.
- Regulatory challenges for digital assets highlighted by Biden's veto of SAB 121.
Deep dives
Bitcoin Trading and Market Reactions to Job Reports
Bitcoin is trading near its all-time high with fluctuations in reaction to job reports affecting the market. An influx of investments followed by a sharp sell-off and subsequent rebound showcased the market's sensitivity to economic data fluctuations. Despite initial market reactions, the potential for rate cuts and response to job growth data continued to influence Bitcoin's performance.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode