Latest / The Paul Barron Crypto Show / Government Spending Spree vs Crypto Market🔥

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Government Spending Spree vs Crypto Market🔥 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: There's going to be one good thing for risk assets,
• 0:02
  Speaker 1: and that is a government spending spree. Let's break it down,
• 0:05
  Speaker 1: let's get right into it. I do want to thank
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• 0:36
  Speaker 1: what I'm talking about, guys, when it comes to the
• 0:39
  Speaker 1: benefits of risk assets, including bitcoin, all the things we
• 0:43
  Speaker 1: talk about here within crypto is how is the government
• 0:46
  Speaker 1: spending money. Well, one of the ways that we're going
• 0:49
  Speaker 1: to be looking and continuing to see is tariffs. Tariffs
• 0:51
  Speaker 1: course is what we are waiting on right now. On
• 0:54
  Speaker 1: a Supreme Court verdict. They of course have now moved that,
• 0:58
  Speaker 1: and there is no ruling on the Trump tariff case today.
• 1:02
  Speaker 1: According to watch Guru, they said they would move this
• 1:04
  Speaker 1: back over to Wednesday of next so that's when we
• 1:08
  Speaker 1: will get a court ruling. I don't understand why this
• 1:11
  Speaker 1: is needing to be moved unless there is something that
• 1:14
  Speaker 1: is the last minute assessment being done by one of
• 1:17
  Speaker 1: the Supreme Court judges. Is that good or bad? According
• 1:20
  Speaker 1: to Polymarket, it still shows that the tariff ruling is
• 1:24
  Speaker 1: going to happen not in favor of President Trump and
• 1:28
  Speaker 1: the administration. So if that does occur, we're holding it.
• 1:31
  Speaker 1: What is that twenty six percent right now probability of
• 1:34
  Speaker 1: the Supreme heart Court upholding the tariffs? So not a
• 1:38
  Speaker 1: good run right now. We'll see if it holds in
• 1:42
  Speaker 1: terms of the decision as Polymarkets starts to go into
• 1:46
  Speaker 1: next week. So when you look at the tariff situation
• 1:49
  Speaker 1: right now, I guess the real question is what is
• 1:52
  Speaker 1: the Trump going to administration going to do. I don't
• 1:54
  Speaker 1: think they're going to stop. Take a look at this
• 1:55
  Speaker 1: clip and what you would do or the administration would
• 1:59
  Speaker 1: do to continue those policies.
• 2:02
  Speaker 2: Right Well, you know, certainly there's a high level of
• 2:06
  Speaker 2: confidence that the Supreme Court is going to side with us.
• 2:08
  Speaker 2: We think that we're really on firm ground, but I
• 2:11
  Speaker 2: know you expect us to say that, and so then
• 2:13
  Speaker 2: the question is, well, what if we're wrong about that?
• 2:16
  Speaker 2: And it's important to think about that too. There was
• 2:18
  Speaker 2: a big call last night with all the Principles to
• 2:20
  Speaker 2: talk about if the Supreme Court were to rule against
• 2:23
  Speaker 2: this ipotera, what would the next step be. And Jamison
• 2:27
  Speaker 2: Greer is all over it. There are a lot of
• 2:29
  Speaker 2: other legal authorities that can reproduce the deals that we've
• 2:32
  Speaker 2: made with other countries and can do so basically immediately.
• 2:35
  Speaker 2: And so our expectation is that we're going to win.
• 2:38
  Speaker 2: And if we don't win, then we know that we've
• 2:40
  Speaker 2: got other tools that we could use that get us
• 2:43
  Speaker 2: to the same place. And you know, I think the
• 2:46
  Speaker 2: IEPA authority is pretty clear. It's why it's the first
• 2:49
  Speaker 2: choice of how to use it. But if the courts disagree,
• 2:52
  Speaker 2: will of course respect that. But we got lots of
• 2:54
  Speaker 2: other authorities that we could use.
• 2:57
  Speaker 1: Pay attention here, guys, because that is that's Kevin Hasset
• 3:00
  Speaker 1: making these statements. And when you look at one of
• 3:02
  Speaker 1: the top financial advisors to the president of them already
• 3:06
  Speaker 1: architecting a backfall or backup plan. This is going to
• 3:10
  Speaker 1: get pretty interesting over the next couple of months. What
• 3:13
  Speaker 1: will the US Supreme Court decide on Trump's terras? How
• 3:15
  Speaker 1: will affect the price of bitcoin and risk assets? I
• 3:19
  Speaker 1: think this is the key thing in the article. They
• 3:21
  Speaker 1: note here a ruling that customs tariffs are unconstitutional and
• 3:25
  Speaker 1: could ease companies cost burdens and potentially boost a little
• 3:29
  Speaker 1: bit of the risk assets appetite. This simply means we're
• 3:32
  Speaker 1: going to see digital assets, I think, respond to this
• 3:34
  Speaker 1: positively going forward. So beyond the lookout, we could see
• 3:38
  Speaker 1: a little bit of liquidity in the space starting to
• 3:40
  Speaker 1: move around. Trump calls though, for one point five trillion
• 3:44
  Speaker 1: in military spending. This to me is absolutely insane. When
• 3:49
  Speaker 1: you look at our debt clock and by the way,
• 3:52
  Speaker 1: the deck clock. Remember when the det clock used to
• 3:54
  Speaker 1: have the doge thing on there. That's gone. And they
• 3:57
  Speaker 1: also have the tariff revenue thing on there right there,
• 4:00
  Speaker 1: Terifa revenue in that first box right there. We are
• 4:02
  Speaker 1: approaching thirty nine trillion in terms of US national debt,
• 4:07
  Speaker 1: almost three hundred and fifty five thousand dollars per taxpayer,
• 4:10
  Speaker 1: per taxpayer here in the United States. So this is
• 4:13
  Speaker 1: a problem in general. Nothing stops this train, as Lynn
• 4:16
  Speaker 1: Alden would say, and I would agree. I think we're
• 4:18
  Speaker 1: going to continue to see a debasement trade, and the
• 4:21
  Speaker 1: only way to get into that is going to be
• 4:22
  Speaker 1: risk assets. Here is a recap of the government spending spree.
• 4:26
  Speaker 1: Take a look.
• 4:27
  Speaker 2: Our military budget for the year twenty twenty seven should
• 4:30
  Speaker 2: not be one trillion dollars, but rather one point five
• 4:34
  Speaker 2: trillion dollars.
• 4:35
  Speaker 1: This will allow us to build the dream military Well,
• 4:38
  Speaker 1: so north of Grumming up as much as eight percent,
• 4:41
  Speaker 1: Lockey Martin up seven percent, RTX up as much as
• 4:44
  Speaker 1: four percent. But it's not just here.
• 4:46
  Speaker 2: In the US.
• 4:47
  Speaker 3: Defense stocks rose in Asia two.
• 4:49
  Speaker 2: What is the appetite, George for increasing annual defense spending
• 4:52
  Speaker 2: by fifty percent?
• 4:54
  Speaker 1: You know, I guess I'm not sure. The Venezuela projects
• 4:57
  Speaker 1: day to day, and we're looking for people who we
• 4:59
  Speaker 1: can work with or.
• 5:00
  Speaker 4: Pay off and start producing weapons faster.
• 5:04
  Speaker 2: My advice to European leaders and anybody else would be
• 5:07
  Speaker 2: to take the President of the United States seriously, George.
• 5:09
  Speaker 1: It's a lot of money. Can we spend all that
• 5:12
  Speaker 1: money in a year? I mean, how do we do that? No,
• 5:14
  Speaker 1: I mean, I think that's one of our concerns. You know,
• 5:16
  Speaker 1: we're really jumping pretty quickly here, right.
• 5:19
  Speaker 3: The Congressional Budget Office says a one point five trillion
• 5:22
  Speaker 3: dollar budget would add five point eight trillion dollars to
• 5:25
  Speaker 3: the debt, would be twice the expected tariff revenue.
• 5:29
  Speaker 2: Well, what's the pay raise going to be? It's going
• 5:30
  Speaker 2: to be four percent for enlisted members of the military
• 5:34
  Speaker 2: and pay race. Welcome news to military in southern Colorado.
• 5:38
  Speaker 4: The Trump administration is considering an unprecedented proposal to pay
• 5:42
  Speaker 4: every resident of Greenland between ten thousand dollars and one
• 5:46
  Speaker 4: hundred thousand dollars in cash.
• 5:47
  Speaker 1: To persuade them to break away from Denmark alex Is
• 5:50
  Speaker 1: this the right move by the president?
• 5:51
  Speaker 2: Oh, it's one hundred percent.
• 5:52
  Speaker 5: The right move, And it's crazy.
• 5:55
  Speaker 2: We just wonder if you left alone.
• 5:57
  Speaker 5: By the way, is this what the eight hundred billion
• 5:59
  Speaker 5: dollars went to?
• 6:00
  Speaker 4: So we are going to be painting the entire southern
• 6:02
  Speaker 4: border wall black. When something is painted black, it gets
• 6:06
  Speaker 4: even warmer.
• 6:08
  Speaker 1: I mean, come on, guys, she looks ridiculous. What was
• 6:10
  Speaker 1: the feeling the first time you're on air? Force one. Yeah,
• 6:13
  Speaker 1: when you're on these things like.
• 6:16
  Speaker 5: It's amazing.
• 6:17
  Speaker 1: Yeah, we Needland. I'm talking about Bretland. Twenty days, you
• 6:23
  Speaker 1: are weird, part of his real conversations happening. You just
• 6:27
  Speaker 1: wait for Cuba.
• 6:29
  Speaker 2: There are days are number we had Venezuela.
• 6:33
  Speaker 3: We have Cuba, We have Columbia in our backyard.
• 6:38
  Speaker 2: I pray and hope that twenty twenty six will be
• 6:41
  Speaker 2: the year that we make a run great again.
• 6:47
  Speaker 1: All right, So, as you can see, there are a
• 6:50
  Speaker 1: lot of unpredictable situations that I think are brewing right now.
• 6:53
  Speaker 1: Obviously with many of the moves here within the government,
• 6:55
  Speaker 1: that of course gets into a whole chaos theory that
• 6:58
  Speaker 1: most of the time, well almost all the time, digital assets, bitcoin,
• 7:03
  Speaker 1: et cetera benefit from. Now, I'm not saying that's a
• 7:06
  Speaker 1: good thing for in general, but all markets are looking
• 7:09
  Speaker 1: at the world in a way that the United States
• 7:11
  Speaker 1: is pretty much leading how this is going to play out. Now. Remember, guys,
• 7:15
  Speaker 1: we did a video not too long ago. Actually it
• 7:18
  Speaker 1: was about a year ago. We were getting into this
• 7:20
  Speaker 1: whole issue around the spending bill and why it needed.
• 7:24
  Speaker 1: This is in reference to the defense spending bills and
• 7:27
  Speaker 1: why it needed chain Link to do an audit on
• 7:30
  Speaker 1: the Pentagon. Here's a clip. Take a look. And when
• 7:34
  Speaker 1: you look at the Pentagon right now, remember these guys
• 7:37
  Speaker 1: are great at doing audits. They're probably the best audit
• 7:41
  Speaker 1: company out there. Of our political arrangement. They've been able
• 7:45
  Speaker 1: to fail six straight audits. Yeah, they failed six straight audits.
• 7:52
  Speaker 1: So this is good. I think this is you know,
• 7:55
  Speaker 1: we should you know, plan let's go to two trillion,
• 7:57
  Speaker 1: maybe three trillion. Why don't we just throw the entire
• 8:00
  Speaker 1: budget at it. These are the kind of antics that
• 8:02
  Speaker 1: consistently cause Americans to really question what the heck is
• 8:08
  Speaker 1: going on in our government. I still have that question,
• 8:10
  Speaker 1: what the heck is going on in our government. Fortunately
• 8:13
  Speaker 1: they didn't go to two trillion, like I was mentioning.
• 8:15
  Speaker 1: But stop watching the show Trump. I'm telling you, stop
• 8:18
  Speaker 1: watching the show. I understand what you're doing here now.
• 8:20
  Speaker 1: So one thing to consider here is, you know, with
• 8:23
  Speaker 1: all of that happening in terms of government spending, then
• 8:26
  Speaker 1: you can take a look at this tweet, which is
• 8:28
  Speaker 1: US unemployment data, which came in much softer at four
• 8:31
  Speaker 1: point four percent versus four point five that was expected.
• 8:35
  Speaker 1: And then you look at the January rate cut probability now,
• 8:39
  Speaker 1: which is I believe and I would agree with Ted
• 8:41
  Speaker 1: here it's off the table. I don't think we are
• 8:44
  Speaker 1: going to get a rate cut. Pal has a little
• 8:46
  Speaker 1: bit of cover now not to give a quarter basis
• 8:49
  Speaker 1: point rate cut. So I put out a poll this
• 8:52
  Speaker 1: morning and this was in reference to rate cuts before
• 8:55
  Speaker 1: you know the Fed leave, the chair leaves. The point
• 8:59
  Speaker 1: was is we offered the twenty five basis point seventy five,
• 9:02
  Speaker 1: and there could be some arrangement there where you could
• 9:04
  Speaker 1: get a fifty and a quarter that would give you
• 9:07
  Speaker 1: a seventy five, because I don't think he has enough
• 9:10
  Speaker 1: time to do that if he pauses here in January
• 9:12
  Speaker 1: and then none none came in at forty percent, so
• 9:16
  Speaker 1: most likely that's the leading one right now. But when
• 9:19
  Speaker 1: you flip the table a little bit, that's sixty percent
• 9:21
  Speaker 1: that believe we will get a rate cut, which is
• 9:24
  Speaker 1: at least a quarter of fifty or a seventy five
• 9:26
  Speaker 1: in some form or fashion. So still a bit of
• 9:30
  Speaker 1: a split here before Chair Pal leaves the office. And
• 9:34
  Speaker 1: of course that, of course, I think, will continue to
• 9:36
  Speaker 1: put a lot of pressure on President Trump to put
• 9:39
  Speaker 1: even more pressure on Chair pale even in his exit,
• 9:43
  Speaker 1: so we may find this would be interesting to me
• 9:46
  Speaker 1: is because I think a pause will not necessarily hurt
• 9:49
  Speaker 1: the market in general, especially if Trump times this right,
• 9:53
  Speaker 1: and what I mean by that is announcing the successor
• 9:56
  Speaker 1: to Powell right before the FOMC meeting this this month.
• 10:01
  Speaker 1: That would be enough to kind of get I think
• 10:03
  Speaker 1: markets maybe going forward and looking, you know, kind of
• 10:06
  Speaker 1: next up as a potential opportunity for risk assets. US
• 10:11
  Speaker 1: experience a jobless boom. Growth is strong, but there's a
• 10:15
  Speaker 1: hiring recession with almost no hiring outside of healthcare and hospitality. Well,
• 10:19
  Speaker 1: let's just be honest. Healthcare and hospitality are the two
• 10:22
  Speaker 1: biggest categories, okay, in the United States. So if if
• 10:27
  Speaker 1: that's the two that are hiring, that's great for the
• 10:29
  Speaker 1: economy because those are the biggest ones that are out
• 10:31
  Speaker 1: there and support jobs overall, including entry level positions, executive positions,
• 10:36
  Speaker 1: doctor positions, et cetera. But right now, twenty twenty five
• 10:40
  Speaker 1: was the worst year for hiring outside of a recession
• 10:43
  Speaker 1: year since two thousand and three that I would agree with.
• 10:45
  Speaker 1: And this is one of the things that I have
• 10:47
  Speaker 1: been complaining for over the last eighteen months. Is that
• 10:50
  Speaker 1: jobs was a concern, but it appears that they have
• 10:55
  Speaker 1: stabilized it. Now Does it hold is the real question.
• 10:58
  Speaker 1: If it holds, we could see a different kind of
• 11:01
  Speaker 1: economy come through. The key here is going to be
• 11:03
  Speaker 1: wage growth from here forward. And I think this is
• 11:07
  Speaker 1: the angle that President Trump should be and the administration
• 11:11
  Speaker 1: should be focused on, not necessarily affordability, but more of
• 11:15
  Speaker 1: how because we're not going to see prices come back ever.
• 11:18
  Speaker 1: I think the key is how do we increase, you know,
• 11:22
  Speaker 1: just wages and or reduce taxes to where the overall
• 11:25
  Speaker 1: wage is higher take on pay. Those would be the
• 11:28
  Speaker 1: kind of things to watch overall other things you got
• 11:32
  Speaker 1: to look for. Right here, jobs every month of twenty
• 11:34
  Speaker 1: twenty five have been revised lower. This is something that
• 11:37
  Speaker 1: I just continue to argue here on the show, is
• 11:40
  Speaker 1: that none of the data is accurate. Go with what
• 11:43
  Speaker 1: you're seeing. I think true inflation is a pretty good
• 11:46
  Speaker 1: accuracy in terms of inflation. And I think when you
• 11:49
  Speaker 1: look at the market in general, at least the executives
• 11:52
  Speaker 1: I get a chance to talk to dozens monthly, sometimes
• 11:55
  Speaker 1: more than that that are running big major corporations, and
• 11:59
  Speaker 1: that's the the Bellweather that I really look at. I
• 12:02
  Speaker 1: have not had the seminars yet in January, so hopefully
• 12:07
  Speaker 1: after this month I'll have a little bit of a
• 12:10
  Speaker 1: better assessment on how that is really affecting the market
• 12:12
  Speaker 1: in terms of jobs, because that's a big one to
• 12:15
  Speaker 1: keep an eye on. I want to go to a
• 12:16
  Speaker 1: clip real quick because this is Muhammad from CNBC talks
• 12:20
  Speaker 1: a little bit about if we're going to see a
• 12:23
  Speaker 1: cut at all from Chair Powell. Take a look. It
• 12:26
  Speaker 1: is the weakest year of job growth outside of recession
• 12:29
  Speaker 1: in twenty plus years. Is that okay?
• 12:33
  Speaker 5: It is okay for where we are in the cycle,
• 12:36
  Speaker 5: in fact, relative to expectation. As Sarah said, something for
• 12:39
  Speaker 5: everyone in this report, and it's no drama, and it
• 12:42
  Speaker 5: reinforces the notion that Chair Powell has that we are
• 12:45
  Speaker 5: well positions to wait. The big issue in my mind
• 12:49
  Speaker 5: is that increasingly we're seeing employment the couple from output
• 12:53
  Speaker 5: the labor force participation at sixty two point four. I'd
• 12:57
  Speaker 5: like to see it higher because there are parts of
• 13:00
  Speaker 5: the economy that do not have the label they need
• 13:03
  Speaker 5: right now. But that is an issue of with skilling retooling.
• 13:06
  Speaker 5: It's a much deeper issue about the supply side of
• 13:09
  Speaker 5: the labor market.
• 13:10
  Speaker 2: So what do you think the FED does?
• 13:11
  Speaker 5: So I think the FED does nothing.
• 13:13
  Speaker 4: I think in January.
• 13:14
  Speaker 5: But then what I think we've probably saw the last
• 13:16
  Speaker 5: cut in this tenure for chair pal. I think they
• 13:21
  Speaker 5: will expect that. They will think that quote well positioned.
• 13:26
  Speaker 5: You'll hear that phase over and were well positioned to wait.
• 13:29
  Speaker 5: And then the question becomes how much influence does the
• 13:31
  Speaker 5: next FED chair have and how quickly?
• 13:35
  Speaker 1: All Right, I don't know if I completely agree with Muhammed.
• 13:38
  Speaker 1: I am leaning toward that right now based on these
• 13:40
  Speaker 1: jobs numbers. And remember, we're only going to see I
• 13:43
  Speaker 1: think one more FOMC before, maybe only one more FOMC
• 13:48
  Speaker 1: before we see a new chair at least anointed, not
• 13:51
  Speaker 1: necessarily in the position. But the market will start responding
• 13:54
  Speaker 1: differently I think once that occurs, because they'll understand where
• 13:58
  Speaker 1: this new chair is going. So if it is the
• 13:59
  Speaker 1: last past one, then you're probably looking at June as
• 14:03
  Speaker 1: being the next time we see a real considerable cut.
• 14:07
  Speaker 1: It could be as many as fifty basis points. Let
• 14:09
  Speaker 1: me know in the comments down below if you guys
• 14:11
  Speaker 1: think that would be the case, hit them down there.
• 14:14
  Speaker 1: And of course if you haven't subscribed to the show,
• 14:15
  Speaker 1: make sure and do that right now as well. I've
• 14:18
  Speaker 1: got one more clip. This is good news, and this
• 14:20
  Speaker 1: clip is going to go into the fact that they
• 14:23
  Speaker 1: passed the ACA credits. Take a look now.
• 14:25
  Speaker 4: A bipartisan group of senators they met today. They're discussing
• 14:28
  Speaker 4: a two year extension of the tax credits, including some
• 14:32
  Speaker 4: income caps to ensure that the tax credits only go
• 14:34
  Speaker 4: to middle and lower income Americans, as well as some
• 14:37
  Speaker 4: other things to address waste, fraud and abuse. Of course,
• 14:40
  Speaker 4: something hugely watched by the healthcare and the insurance industry
• 14:44
  Speaker 4: right now as far as whether or not these tax
• 14:46
  Speaker 4: credits will continue, because millions of Americans have already seen
• 14:49
  Speaker 4: their healthcare premiums double with the end of these credits.
• 14:53
  Speaker 4: Lawmakers say they think that if they can get a
• 14:55
  Speaker 4: solution by the time that January is over, they can
• 14:58
  Speaker 4: reopen the exchanges redoing roll but they still have some
• 15:01
  Speaker 4: sticking points to go, including whether they should be using
• 15:04
  Speaker 4: federal funds for abortion and whether there needs to be
• 15:06
  Speaker 4: language in the bill clarifying that. So more work to go,
• 15:09
  Speaker 4: but certainly is some big momentum coming out of the
• 15:12
  Speaker 4: House with this vote, So.
• 15:13
  Speaker 1: That continues to be a little bit of good news
• 15:15
  Speaker 1: coming out of that. And the other thing that you
• 15:16
  Speaker 1: would look at as the Russell two thousand. Here is
• 15:19
  Speaker 1: a good example right now when you look at this tweet,
• 15:21
  Speaker 1: and that is that we are starting to see a
• 15:23
  Speaker 1: lift in small caps. Now when you kind of zoom
• 15:26
  Speaker 1: in on this, this starts to get into kind of
• 15:28
  Speaker 1: all time territory if you look back all the way
• 15:30
  Speaker 1: into the previous report on this, which is interesting, all
• 15:35
  Speaker 1: the way back into April of last year. So some
• 15:37
  Speaker 1: pretty good opportunities. Now, what does that mean? Because when
• 15:40
  Speaker 1: I watched the Russell two thousand mid caps, it usually
• 15:44
  Speaker 1: will indicate that we could see a little bit of
• 15:46
  Speaker 1: a move toward all coins. It has a lot of
• 15:47
  Speaker 1: similarities when you look at crypto in general, and of
• 15:50
  Speaker 1: course all coins are defying Bitcoin right now slump, especially
• 15:54
  Speaker 1: with XRP salon a handle, a handful of others that
• 15:58
  Speaker 1: had some double digit gain out there over on the market.
• 16:02
  Speaker 1: So if you're trading right now, were you in one
• 16:04
  Speaker 1: of these trades? Are you in one of these trades?
• 16:06
  Speaker 1: Did you get in an XRP at a buck eighty?
• 16:08
  Speaker 1: Did you get in Solana? You know at one to
• 16:10
  Speaker 1: twenty five. Are you in a position right now to
• 16:13
  Speaker 1: where you might ride these all coins out or are
• 16:15
  Speaker 1: you looking at dollar cost averaging? Let me know how
• 16:17
  Speaker 1: you guys are playing the market. This will get interesting
• 16:20
  Speaker 1: for all coins for sure, because there's a lot happening.
• 16:23
  Speaker 1: Speaking of the leader of the all coin nation, that
• 16:26
  Speaker 1: of course is Tom Lee and his take on ethereum.
• 16:29
  Speaker 1: Now here was his statement off of a report that
• 16:31
  Speaker 1: van k put out and Vanak put out a report
• 16:36
  Speaker 1: that was pretty bullish. I don't agree with it, but
• 16:40
  Speaker 1: I'm a big e fan, but I'm not going to
• 16:42
  Speaker 1: agree with this. The bull case on this is one
• 16:45
  Speaker 1: hundred and fifty four thousand dollars eighth. The base case
• 16:49
  Speaker 1: is at twenty two k. Now Tom did not put
• 16:52
  Speaker 1: the bear case out, which was three hundred and sixty.
• 16:55
  Speaker 1: So the good thing is that van 's not going
• 16:58
  Speaker 1: to be wrong, that they're going to be right. They'll
• 17:01
  Speaker 1: be able to claim we were right on the last
• 17:04
  Speaker 1: eight bull run. But the range is a little bit
• 17:08
  Speaker 1: out there. I'm gonna have to talk to Matthew Siegel
• 17:10
  Speaker 1: about this. What are these guys doing over at van K.
• 17:13
  Speaker 1: Let's get into this right here, because analysts are predicting
• 17:16
  Speaker 1: a crypto ETF that are set to gobble up most
• 17:18
  Speaker 1: of the liquidity entering the crypto markets this year. The
• 17:22
  Speaker 1: real question is which one outperforms. Now, Sweet is a
• 17:28
  Speaker 1: new one that's coming in from Canary. You've got eight.
• 17:31
  Speaker 1: Of course, we already know how some very powerful ETF.
• 17:34
  Speaker 1: Solana another new one that has just recently been launched
• 17:38
  Speaker 1: across a handful being led mostly by Bitwise, and then
• 17:41
  Speaker 1: of course you got the big boys in bitcoin. I
• 17:44
  Speaker 1: am going to go with the Ethereum. I'm gonna go ahead,
• 17:48
  Speaker 1: and or just should I go Ethereum or Solana? I'm
• 17:50
  Speaker 1: kind of I'm kind of back and forth on these two.
• 17:53
  Speaker 1: You know what I'm going with Solana. Ooh see, there
• 17:57
  Speaker 1: you go, Eth, Solana and Sweet all out performing at
• 18:01
  Speaker 1: least by our poll here about one hundred and fifty
• 18:03
  Speaker 1: people saying that that will be the one to go
• 18:06
  Speaker 1: with so Eth holding right now on edge at twenty
• 18:09
  Speaker 1: eight point seven percent. I'm gonna retweet this one. See
• 18:11
  Speaker 1: if we can bump those votes up, see what that
• 18:14
  Speaker 1: looks like in twenty four hours, because I think it
• 18:17
  Speaker 1: might be Solana that will edge that out on the
• 18:19
  Speaker 1: final poll. Let's go over to the chart real quick.
• 18:21
  Speaker 1: You guys of course saw some of the news on Polygon,
• 18:23
  Speaker 1: which has been rising coming off of that. What was
• 18:27
  Speaker 1: remember this broke the floor of where Polygon was. This
• 18:30
  Speaker 1: was the one we've been talking about with Tim and
• 18:32
  Speaker 1: other traders that could anything. Something had to happen good
• 18:37
  Speaker 1: for Polygon. Finally we started to see a little bit
• 18:39
  Speaker 1: of movement overall. You take a look at the regular
• 18:41
  Speaker 1: market right now, we are looking at Bitcoin kind of
• 18:44
  Speaker 1: sideways and a little bit choppy right now, Eth kind
• 18:48
  Speaker 1: of in the same position. And of course XRP after
• 18:51
  Speaker 1: a big move up, retracing a little bit back down
• 18:54
  Speaker 1: to around two o eight. So market is definitely in
• 18:58
  Speaker 1: a payback phase right now. Whether we get a big
• 19:01
  Speaker 1: move on at least the situation I think we'll look
• 19:05
  Speaker 1: for now is going to be market clarity. I'm looking
• 19:08
  Speaker 1: at that and the FED chair announcement may be the
• 19:11
  Speaker 1: other two catalysts that really start to move the market. Forshear,
• 19:15
  Speaker 1: We're going to keep a very close eye on it.
• 19:23
  Speaker 1: If you like this video, like and subscribe, drop a
• 19:26
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• 19:30
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