BREAKDOWN: From Dinosaur Altcoins to the Kimchi Premium, 13 Numbers That Tell the Story of Markets Right Now
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 6 April 2021
⏱️ 19 minutes
🧾️ Download transcript
Summary
A look at the most illuminating statistics and metrics across bitcoin, crypto and global markets.
This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.
On today’s episode, NLW provides a whistle stop tour of some of the most interesting and illuminating numbers from crypto and traditional markets, including:
- The pop in Jurassic Park altcoins
- Archegos fallout
- US vaccine distribution
- Outflows from Turkey
- SPAC performance before and after mergers
- Decline in price and volume of NFTs
- Coinbase valuation
- Stablecoin transaction volume
- And more!
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Transcript
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| 0:53.8 | Welcome back to The Breakdown with me, NLW. |
| 0:58.8 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:05.1 | The breakdown is sponsored by nexus.io and Exodus, and produced and distributed by CoinDesk. |
| 1:14.1 | What's going on, guys? It is Tuesday, |
| 1:19.4 | April 6th, and today we're doing a fun thing that I haven't done for a while. We're going to do one of my numbers or stats episodes where I basically cherry pick a set of random numbers that I |
| 1:25.9 | think have something enlightening to show about the market. |
| 1:29.2 | Now, for this one, I'm going to be talking Bitcoin. I'm going to be talking crypto. I'm going to be |
| 1:34.8 | talking traditional markets. It's really just things that I think are reflective of the larger |
| 1:40.4 | macro context across these different domains that we're living in right now. And I want to |
| 1:45.7 | start with $1, which is the current price of XRP. Yes, you are actually hearing me talk about |
| 1:54.0 | ripple on the breakdown, but to be clear, it's not complimentary. So XRP is at a three-year high, and it's not alone among dinosaur coins. |
| 2:04.7 | Chow Wang pointed out that Bitcoin gold is up 67% in 24 hours. XRP is up 42%. Tezos is up 26.5%. And the |
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