MARKETS DAILY: Crypto Update | 'Bitcoin Is Due for a Breather,' Tactive Wealth Advisor Eddy Gifford Says
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 3 January 2024
⏱️ 14 minutes
🧾️ Download transcript
Summary
The latest price moves and insights with Jennifer Sanasie and guest Eddy Gifford, wealth advisor at Tactive.
To get the show every day, follow the podcast here.
"Markets Daily" kicks off a new format with a minute of market updates, followed by an interview with a rotating cast of markets analysts across the crypto space. Today, host Jennifer Sanasie speaks with Eddy Gifford on January price predictions, spot bitcoin ETF approval odds and market moving news for the new year.
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 Montanez. All original music by Doc Blust and Colin Mealey.
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Transcript
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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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