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The Wolf Of All Streets

Crypto Crash? This $5 Trillion Institution Is Insanely Bullish On Crypto

Jun 25, 2024
Chris Kuiper from Fidelity Digital Assets discusses market downturn, Fidelity's bullish view on crypto, Bitcoin's performance, altcoins, pronunciation memes, Morgan Stanley's Bitcoin ETF delays, insider insights, and upcoming trading strategies.
43:38

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Fidelity's enduring commitment to cryptocurrency underscores institutional confidence in the market's future potential.
  • Zooming out reveals Bitcoin's strong fundamentals and institutional interest, signaling a positive long-term outlook amid short-term volatility.

Deep dives

Bitcoin's Short-Term Volatility vs. Long-Term Institutional Interest

Bitcoin's short-term volatility, dipping below $60,000, contrasts with the long-term institutional interest in the cryptocurrency. Despite the short-term fluctuations, massive financial institutions like Fidelity are actively engaging in crypto, reflecting a positive outlook on its future.

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