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UNCHAINED: How Crypto Markets Are Reacting Post-Selloff, With Election/Fed Uncertainty Ahead
Aug 9, 2024
In this discussion, Jason Pagoulatos, head of markets at Delphi Digital, breaks down the swift rebound of crypto markets after recent sell-offs. He highlights why Ethereum has lagged behind Bitcoin and Solana this year and explains the impact of significant ETH sell-offs and potential ETF launches. Pagoulatos also delves into how the Federal Reserve's moves and upcoming elections might shape the crypto landscape, emphasizing the growing role of investment advisors in pushing Bitcoin to their clients.
35:25
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Quick takeaways
- The rapid rebound of crypto markets post-selloff was primarily driven by external macroeconomic factors rather than intrinsic issues within the crypto space.
- Despite the significant development of Ether ETFs, Ethereum's market performance remains weak compared to Bitcoin and Solana, highlighting investors' cautious sentiment.
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