MARKETS DAILY: Crypto Update | BTC Sell-Off 'Clears the Air for Bitcoin to Go Higher,' Says Juan Leon
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 6 March 2024
⏱️ 12 minutes
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| 0:58.6 | It's Wednesday, March 6, 2024, and this is Markets Daily. |
| 1:01.4 | I'm Helene Braun, markets reporter at CoinDest. |
| 1:03.2 | Let's have a look at today's prices. |
| 1:18.6 | According to CoinDest indices at 8 a.m. Eastern time, Bitcoin fell over 2% in the past 24 hours to $65,852. Bitcoin rallied yesterday to a new all-time high before a market-wide sell-off saw prices drop to as low as $60,800. More on that in today's interview. |
| 1:29.6 | Ether rose 1.4% over the same time period at $3,814, briefly climbing past $3,900 for the first time since late 2021. |
| 1:40.7 | Assets in the coiness 20 index were largely in the red with Uniswap, Aptos, and Ethereum the only assets in the green over the past 24 hours. |
| 1:49.0 | In traditional markets, both the NASDAQ and the S&P 500 experienced the sell-off in yesterday's trading. |
| 1:56.0 | Futures are up slightly this morning. |
| 1:58.0 | And in commodities, the Brent Crudol benchmark was trading at $82.72 a barrel. |
| 2:04.6 | Meanwhile, gold was trading at $2,132 an ounce, holding near all-time highs. |
| 2:11.6 | For more in the market's action, let's bring in Juan Leon, crypto research analyst at Bitwise. |
| 2:24.1 | All eyes have been on Bitcoin this week, especially after it reached a highly anticipated new all-time high yesterday. |
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