MARKETS DAILY: Crypto Update | Bitcoin's Surge, GDP Insights, and Market Turbulence

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CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 27 October 2023

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores crypto performance, US GDP, and the market impact of the ongoing trial….you know the one. Today's episode is sponsored by CME Group. To get the show every day, follow the podcast here. Today’s Stories: Bitcoin Surges to All-Time Highs in Turkey and Nigeria Bitcoin (BTC) - USDT - Money flow, trading volume by exchange and total volume over time. LIVE: Sam Bankman-Fried Tells Jurors: I Made 'Mistakes' at FTX, and 'a Lot of People Got Hurt' - From our sponsors: CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more. Disclaimer: This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. - This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Michele Musso. 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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0:49.6	This episode of Markets Daily is sponsored by CME Group.
0:52.9	Music This episode of Markets Daily is sponsored by CME Group.
1:04.4	It's Friday, October 27th, 2003, and this is Markets Daily from CoinDesk.
1:09.5	My name is Noel Acheson, CoinDisc collaborator, and author of The Crypto's Macronow newsletter on Substack.
1:11.5	On today's show, we're talking about crypto performance, USGDP, and the market impact of the ongoing trial. You know the one.
1:17.5	And just a reminder, CoinDisc is a new source and does not provide investment advice.
1:26.6	Crypto markets are in general settling back today after a week of holding relatively steady
1:31.3	while stock markets around the world were falling fast.
1:34.3	According to Coin-desk indices, at 8 a.m. Eastern time this morning, Bitcoin was down 3 tenths of a percent over the past 24 hours, trading at $34,067.
1:43.9	Ether was down 1.8%, trading at $1,782.
1:49.0	An article published on Coin Desk earlier today points out that, in terms of the Turkish lira
1:54.1	and the Nigerian Naira, Bitcoin is at an all-time high, despite the asset trading 50% below its peak in US dollar terms.
	...

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