MARKETS DAILY: Crypto Update | Bitcoin Breaks Through $57K, With Jyotsna Hirdyani

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4.7 • 698 Ratings

🗓️ 27 February 2024

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

The latest price moves and insights with Jennifer Sanasie and guest Jyotsna Hirdyani, South Asia head at Bitget. To get the show every day, follow the podcast here. On "Markets Daily," host Jennifer Sanasie speaks with Bitget South Asia Head Jyotsna Hirdyani about where $57k fits into bitcoin's larger price cycle and challenges for retail investors. - Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MD15. Register now at consensus.coindesk.com. - This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl, alongside Senior Booking Producer Melissa Montañez. All original music by Doc Blust and Colin Mealey. 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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1:00.7	It's Tuesday, February 27th, 2024, and this is Markets Daily from CoinDesk.
1:04.1	I'm your host, Jens Nassi. Let's dive in to those prices.
1:16.3	According to Coin desk indices at 8 a.m. Eastern time, Bitcoin surged 11% in the past 24 hours,
1:22.4	trading just above $57,000. That's the highest we've seen it since November 2021.
1:27.7	Ether rose 6% over the same time period at $3,260.
1:34.2	The Coin Desk 20 Index was entirely in the green on the day, with Bitcoin cash and Dogecoin seeing bigger gains than even Bitcoin.
1:37.2	In traditional markets, the NASDAQ was down slightly yesterday while the S&P 500 fell.4%.
1:43.2	And in commodities, the Brent crude oil benchmark was trading at $81.52 a barrel.
1:49.3	Meanwhile, gold was trading at $2,0.38 an ounce, rising on safe haven demand as the U.S. dollar
1:55.7	sags.
1:57.0	For more on the market's action, let's bring in BitGETS South Asia head, Jotsna Herdiani.
2:04.1	Hi Jotsna, welcome to the show. A big day for markets today. Let's talk about the glaring, obvious thing that we should be talking about on a podcast called Markets Daily. The price of Bitcoin this morning,
	...

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