MARKETS DAILY: Crypto Update | 'Bitcoin Is Due for a Breather,' Tactive Wealth Advisor Eddy Gifford Says
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 3 January 2024
⏱️ 14 minutes
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| 1:00.4 | It's Wednesday, January 3rd, 2024, and this is Markets Daily from CoinDesk. |
| 1:05.4 | I'm your host, Jen's Nassie. Let's get going and take a dive into those prices. |
| 1:13.8 | According to Coin desk indices at 8 a.m. Eastern time, both Bitcoin and Ether fell over 6% in the past 24 hours, with Bitcoin trading at $42,593 and Ether at $2,242. Today's mover in the |
| 1:24.3 | Coin Desk Market Index is the ZBEK protocol, ticker ZBC, up over 49% on the day. |
| 1:31.1 | In traditional markets, the NASDAQ fell nearly 1.7% yesterday, while the S&P 500 was down just over half a percent for the first trading session of 2024. |
| 1:41.9 | And in commodities, the Brent crude benchmark was up slightly over the past |
| 1:46.4 | 24 hours trading at $76 and 77 a barrel. Meanwhile, gold fell just under a percent at $2,055 |
| 1:54.9 | an ounce. For more on the market's action, let's welcome Tactive Wealth Advisor Eddie Gifford. |
| 2:04.2 | Eddie, wonderful to see you again. Happy New Year. |
| 2:07.2 | Thank you. Thank you for having me. And happy New Year to you. |
| 2:10.0 | All right. The last time we spoke, Bitcoin was just breaking above $38,000. |
| 2:14.3 | And everyone was really excited about that. Times seemed to have changed the beginning |
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