Bitcoin's had a tremendous move in a relatively short period of time.

And if you're a long-term holder and a long-term investor,

and truly the best thing you can hope for is that Bitcoin trade sideways like it's doing.

It's Thursday, August 1st.

And this is Markets Daily hosted by me, Jen Sanassi.

On this show, we navigate the currents shaping the crypto markets,

providing insights against the broader

financial landscape. So whether you're actively trading or simply just fascinated by the volatility

of crypto markets, this show is your compass to understanding what's happened, where we are,

and where we're going. Good morning, everyone, on today's show. I'm very excited to be joined by

Itoro, U.S. investment and options

analyst Brett Kenwell. Hey, Brett. Hi. Thanks for having me. Of course. Thanks for being here. Now, I just

got to start off very broadly. If we take a look at what's going on in the markets this morning,

everything is in the red, but things are just kind of not very exciting

lately. What are you watching? Yeah, you know, big picture, it's hard not to still be thinking

about the Fed and some of, you know, Chairman Powell's commentary yesterday. As expected, the Fed kept

rates unchanged, I think had they cut rates unexpectedly yesterday that

may have startled investors, but they kept the rates steady. And Jerome Powell did exactly

what investors were hoping for, which was laid out a roadmap to get the rate cut in September.

So he did that. We have the Fed's, you know, sort of ideal scenario

to getting there. And I think markets were reacting accordingly. You know, after the Fed meeting

yesterday, I've read a bunch that there's little indication that a September rate cut is

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