COINDESK DAILY: Why Bitcoin Could Drop to $70K
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 10 March 2025
⏱️ 4 minutes
🧾️ Download transcript
Summary
Host Christine Lee breaks down the latest news in the crypto industry as traders are eyeing $70,000 bitcoin despite regulatory tailwinds for the crypto industry.
Traders are eyeing $70,000 bitcoin despite regulatory tailwinds for the crypto industry. Plus FTX fraudster Sam Bankman-Fried gets thrown into solitary confinement for an unauthorized interview. 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. Traders are $70,000 Bitcoin despite regulatory |
| 0:53.4 | tailwinds for crypto. |
| 0:55.0 | It's Monday, March 10th, 2025. I'm Christine Lee. This is CoinDest Daily. |
| 1:05.0 | Traders targeting a low of $70,000 for Bitcoin in the coming week, says Japan's 20-year government bond yield |
| 1:11.9 | has surged to its highest level since 2008, hinting potential risk aversion. The rise in Japanese |
| 1:18.0 | bond yields and potential rate hikes by the Bank of Japan are causing concerns of a significant |
| 1:23.0 | correction in BTC. Plus, geopolitical and economic uncertainty brought on by an ongoing tariff trade |
| 1:29.1 | war and the Federal Reserve's cautious stance on interest rate cuts are contributing to Bitcoin's |
| 1:34.4 | drop in value. Separately, World Liberty Financial, which is backed by U.S. President Donald Trump |
| 1:39.5 | and his family, is $110 million in the red, as its crypto portfolio suffers major losses led by Ethereum. |
| 1:47.0 | Friends, Defi is having a moment. Uniswap Labs web app and wallet connect you to the excitement. |
| 1:54.0 | Swapping and bridging our simple, low cost, and lightning fast across 13 chains, including base, |
| 1:59.0 | arbitrum and unichane, the new layer 2 network designed for |
... |
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