MARKETS DAILY: Crypto Update | Bitcoin Easily Jumps Above $60k, With Jason Lau
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 28 February 2024
⏱️ 9 minutes
🧾️ Download transcript
Summary
The latest price moves and insights with Helene Braun and guest Jason Lau, chief innovation officer at OKX.
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On "Markets Daily," CoinDesk Markets Reporter Helene Braun speaks with OKX Chief Innovation Officer Jason Lau about bitcoin's rally, upcoming Ethereum network upgrades and second-order effects of the spot bitcoin ETFs.
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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.
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Transcript
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| 1:00.0 | It's Wednesday, February 28, 2024, and this is Markets Daily from CoinDisc. I'm your host, Celine Braun, and let's dive into those prices. |
| 1:08.0 | According to Coinest indices at 8 a.m. Eastern time, Bitcoin continued its rally, |
| 1:14.6 | rising 4.5% to $59,362. And Bitcoin is inching closer to its all-time high, just 16% short of challenging |
| 1:24.6 | 69,000. Ether rose 1.7% over the same time period to 3,315. |
| 1:31.3 | Assets in the Coiness 20 index were once again largely in the green, led by Aptos, Shibaino, and XRP. |
| 1:38.3 | In traditional markets, both the NASDAQ and the S&P 500 closed yesterday with modest gains. |
| 1:45.0 | Traders away January's personal consumption expenditure or PCE reading on Thursday. |
| 1:51.0 | And in commodities, the brand crude oil benchmark was trading at $81.96 a barrel. |
| 1:57.0 | Meanwhile, gold was trading at $2,029 an ounce. For more in the markets action, |
| 2:04.6 | let's bring in Jason Lau, Chief Innovation Officer at OKX. Going back to Bitcoin for a second, |
| 2:11.8 | Jason, it makes sense to me that Bitcoin is skyrocketing these days, given the ETFs and, |
| 2:17.3 | you know, the overall sentiment |
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