meta_pixel
Tapesearch Logo
Log in
The Breakdown

BTC Up; Dimon Down: Crypto Turns a Corner

The Breakdown

Blockworks

Investing, Business

4.8806 Ratings

🗓️ 9 December 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Recorded live with Scott Melker on Friday December 8, 2023. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to The Breakdown with me, NLW.

0:09.3

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

0:18.4

What's going on, guys? It is Saturday, December 9th, and that means it's time for the weekly recap.

0:23.9

Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it,

0:27.4

give it a rating, give it a review, or if you want to dive deeper into the conversation,

0:30.7

come join us on the Breakers Discord. You can find a link in the show notes or go to bit.ly.

0:34.4

All right, friends, we are back for another weekly countdown.

0:38.8

This is the show that I do every Friday morning with Scott Melker Live.

0:42.3

It's a chance for me to give a little bit more of a subjective opinion on things.

0:46.3

And today you're going to hear a lot about how I think that we have officially fully

0:50.0

rounded a corner on this industry, even in spite of the warrens and diamonds of the world

0:54.6

clinging, trying to drag us back down. Without any further ado, let's dive into the show.

0:59.7

Hope you're having a great weekend. NLW, now another big week with a lot going on here.

1:08.7

I like it. These big weeks have been good. Yeah, it's great. Let's first just talk about

1:14.6

what's happening in the market, right? Bitcoin obviously trading about 43,600 right now. I went all the way

1:19.9

up to 45,000 overshooting. I think what most people thought could happen in the short term.

1:25.8

If you just take a look right here at these seven days,

1:28.2

right, you're up 14% on Bitcoin, almost 13% on Ethereum, Solana 21%, Cardano 37%, Avalanche, 22%,

1:36.6

bull market, in it? I mean, it's getting harder and harder to sort of have this, oh, we're just in the middle before the

1:45.4

bull market has really begun. I think now we are firmly in that territory where we're so

1:51.6

sort of cautious that we're not willing to call it a bull market if you've lived through it.

1:57.4

But when we look back historically, it will obviously have already been the

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Blockworks, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Blockworks and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.