MARKETS DAILY: CoinDesk Markets Week In Review
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 4 October 2024
⏱️ 4 minutes
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| 0:00.0 | Happy Friday, everyone. I'm Jen Sanassi, and you're listening to Markets Daily from |
| 0:09.1 | Coin Desk. On today's show, we are passing it over to Coin Desk Indecese for some weekly |
| 0:14.2 | market insights. This is Coin Desk Indices, and here is our Coin Desk Markets Week in review. |
| 0:20.0 | Let's look at some key digital asset takeaways from the week ending October 4th, |
| 0:24.6 | with data from the 4 PM New York close on Wednesday the 1st. |
| 0:27.6 | And stick around, we'll have additional analysis from Hugo Takamoto, |
| 0:31.6 | product and liquidity at Rowe Labs, between September 1st and October 1st, |
| 0:36.6 | all but five members of the CoinDesk 20 appreciated. |
| 0:40.3 | One of those five laggards was Ether, which was slightly down despite Bitcoin gaining 5.8%. |
| 0:46.3 | This suggests that Ether wasn't nearly as inclined to gain from the lower interest rate environment than Bitcoin. |
| 0:52.3 | This divergence between Bitcoin and Ether is also present |
| 0:55.2 | in CoinDesk's trend indicators. The Bitcoin Trend Indicator moved into uptrend territory this week, |
| 1:01.3 | while the Ether Trend indicator has pointed to a downtrend for two days. The leaders of the |
| 1:06.3 | CoinDesk 20 index for the month included De exchange uniswap along with the |
| 1:11.8 | layer one smart contract platform near both returning more than 20% over the 30-day |
| 1:17.2 | period this was brought to you by Tracy Stevens from coin desk indices now |
| 1:21.7 | here's market analysis from Hugo Takamoto product and liquidity at row labs |
| 1:26.8 | September was a stellar month for crypto, |
| 1:29.5 | with the Coin Desk 20 index rising by nearly 9%, |
| 1:32.8 | driven by optimism following key global monetary decisions. |
| 1:36.6 | The Federal Reserve's bold 50 basis point rate cut, |
| 1:40.0 | and China's economic stimulus efforts |
... |
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