MARKETS DAILY: Crypto Update | Bitcoin Continues to Rally Despite Mixed Macro Signals, With Bret Kenwell of eToro

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4.7 • 698 Ratings

🗓️ 15 February 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

The latest price moves and insights with Jennifer Sanasie and guest Bret Kenwell, U.S. investment analyst at eToro. To get the show every day, follow the podcast here. On "Markets Daily," host Jennifer Sanasie is joined by Bret Kenwell, U.S. investment analyst at eToro, to discuss conflicting January inflation data, pain points for retail investors and stocks to watch. - 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 Helene Braun. “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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1:01.0	It's Thursday, February 15th, 2024, and this is Markets Daily from Coin Desk.
1:04.7	I'm your host, Jens Nassie. Let's dive in to those prices.
1:19.1	According to Coin Desk indices at 8 a.m. Eastern Time, Bitcoin extended its recent rally up over a percent in the past 24 hours at $52,350.
1:26.7	Yesterday also saw Bitcoin surpass the $1 trillion market cap for the first time in 26 months.
1:31.8	Ether rose 2% on the day, sitting at $2,790.
1:38.8	Just above that $2,750 level, Marcus Teelen told us he was watching in yesterday's episode.
1:46.7	The Coin Desk 20 Index was also in the green on the day, led by Aptus and UnisWOP. In traditional markets, the NASDAQ was up 1.3% yesterday, while the S&P 500 rose just under a percent. Traders are
1:53.4	digesting January's retail data. More on that in today's interview. And in commodities,
1:59.0	the Brent Crude Oil benchmark was trading at $81 and 92
2:02.6	a barrel. Meanwhile, gold was hovering below the $2,000 mark, trading at $1,998 an ounce.
2:11.0	For more on the market's action, let's bring in U.S. investment analyst at E. Toro, Brett Kenwell.
2:17.4	Hey, Brett.
	...

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