1240: BITCOIN LIQUIDITY DROPS TO 10-MONTH LOW AMID US BANK RUN!!

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Bitcoin News Alerts

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3.6 • 626 Ratings

🗓️ 3 April 2023

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bitcoin market liquidity has dropped to a 10-month low, despite a bullish quarter in terms of price gain. The liquidity dry-up is partly attributed to the bank run in the United States and the ongoing regulatory actions against crypto companies. BTC price has registered a 45% surge in 2023, making it one of the best-performing assets. The Bitcoin price gains come amid a looming financial crisis in the traditional financial market, with stocks and bonds seeing one of their worst years. As the financial crisis has worsened, several banks have collapsed. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	In today's show, we'll be discussing the latest technical analysis, as well as the five things to watch out for in the Bitcoin market this week.
0:06.9	And quoting the high priest of Bitcoin Max Kaiser, I've been writing about and coined the concept of a global hash war relating to Bitcoin for years.
0:13.9	This idea has recently been co-opted and bastardized by members of the U.S. military in a very stupid, disgusting, and unconscionable way.
0:22.8	Also in today's show, Bitcoin Ordinals Daily Inscriptions Surged due to BRC. 20 tokens will also be
0:29.1	discussing India to facilitate international settlements and rupees to reduce the dependence on the U.S.
0:35.3	dollar. Also more breaking news, Saudi Arabia and OPEC reveal
0:39.3	surprise oil production cut while the White House insists that the cuts aren't advisable right now.
0:44.5	We'll also be discussing long-term Bitcoin hoddlers gobbling up $13.4 billion worth of
0:50.0	this year. I've been breaking down the latest insights from analytics firm into the block. We'll also be discussing Bitcoin liquidity drops the 10-month
0:58.9	low amid U.S. bank run. And we'll also be taking on look at the overall crypto market,
1:03.9	all this, plus so much more in today's show.
1:14.3	Hey, what's good, Crypto fam?
1:16.7	This is first and foremost, a video show.
1:23.0	So if you want the full premium experience, visit our YouTube channel at CryptoNewsalerts.net.
1:26.4	Again, that's CryptoNewsalerts.com.
1:31.7	Welcome everyone tuning in. This is podcast episode number 140 i'm your host jv today is april 3rd 2023 and as you can see here in the market watch the current market is
1:36.8	currently correcting with bitcoin down point three percent for the day but maintaining above 28000
1:42.3	we have ether down point 11 percent trading at around 1,800, with many of the major alts correcting. Cardano, one of the few in the green, up just 1%.
1:52.1	And checking out coin market cap.com, the crypto market cap is sent at 1.169 trillion with about 39 billion in volume.
1:59.8	In the past 24 hours, Bitcoin dominance at 46.4%, with the ether dominance at 18.5%.
2:06.3	And checking out the top 100 crypto gainers in the past 24 hours, SXP, up 28%, trading at almost
2:13.7	88 cents, followed by INJ, up 10%, trading at $5.55. Follow by D.DX of 5% trading at $2.
	...

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