$70k Bitcoin This Week?📈Crypto Market Update

The Paul Barron Crypto Show · Aug 27, 2024 · 13m · transcript

Bitcoin gained over the weekend, pushing its price to levels unseen in three weeks, and has since maintained the $63,000 support level. Despite this positive price movement, BTC derivatives traders appear to be relatively unmoved, indicating a lingering skepticism regarding the sustainability of this trend.

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00:00 Intro

00:50 Sponsor: Tangem

01:40 Feds rate cut cushion

03:20 CNBC - Fed is no longer data dependent

05:02 Fed rate cut could be bad for markets

06:41 Charts

08:30 ETH…