COINDESK DAILY: $90K Bitcoin Amid Trump Summit, ECB Rate Cut
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 6 March 2025
⏱️ 4 minutes
🧾️ Download transcript
Summary
Host Christine Lee breaks down the latest news in the crypto industry as President Donald Trump delays auto tariffs and a number of positive signals boost cryptocurrencies.
It’s risk-on in the markets as U.S. President Donald Trump delays auto tariffs and a number of positive signals boost cryptocurrencies, including an ECB rate cut Thursday. Plus, Coinbase looks to revive security tokens, starting with $COIN stock. CoinDesk's Christine Lee hosts "CoinDesk Daily."
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. |
| 0:49.6 | It's risk on again as Trump delays tariffs and a number of positive signals boost cryptocurrencies. |
| 0:56.0 | It's Thursday, March 6, 2025. I'm Christine Lee. This is Coin Us Daily. |
| 1:05.0 | Bitcoin surpassing the $90,000 level as Donald Trump's tariff delay on auto parts from Canada and Mexico, |
| 1:13.3 | along with Germany's plan to ease debt limits, and China increasing its target budget deficit, |
| 1:18.3 | lead to a rise in risk markets. |
| 1:20.9 | Anticipation is also building for Friday's White House Crypto Summit, where a crypto strategic |
| 1:25.5 | reserve is expected to be discussed. |
| 1:28.0 | The US dollar index dropped to its lowest level since early November, which also may have |
| 1:32.9 | supported crypto prices. |
| 1:34.6 | Despite the pullback earlier this week, Swiss Block's Bitcoin Fundamental Index indicates |
| 1:39.3 | that fundamentals are shifting into a bullish quadrant, suggesting a bare market is unlikely. |
| 1:45.4 | The European Central Bank cutting interest rates Thursday as expected by 25 basis points to 2.5% |
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