MARKETS DAILY: Crypto Update | CoinFund President on Navigating the 'Macro Noise'
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 18 June 2024
⏱️ 18 minutes
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| 0:49.3 | Our election process is very unique. The election, really, for the president, is going to come |
| 0:53.9 | down to a handful of states. And if crypto is important in those states, they, crypto natives can swing |
| 0:59.2 | the election. That's just how it is. |
| 1:05.7 | It's June 18th, 2024, and this is Markets Daily, a show where we get into the minds of some of the |
| 1:13.7 | most experienced CEOs, analysts, researchers, academic strategists, and anyone with a hot |
| 1:19.2 | or smart take on the crypto markets. Before we get into today's discussion, let's take a look |
| 1:24.2 | at what's going on in the markets. Crypto major slid further during the European |
| 1:28.9 | morning with some of the predominant alt coins and meme coins leading the plunge, Sol and Doge |
| 1:34.8 | were among the worst affected, currently trading around 4.5 and 10% lower in the last 24 hours. |
| 1:42.0 | Bitcoin retreated after a short-lived bounce and is now sitting around |
| 1:45.6 | $65,100. Ether is down almost 4%. DJT, a crypto token minted two months ago on Solana, |
| 1:55.3 | rallied as much as 180% yesterday on an unconfirmed report that former President Trump is behind it. |
... |
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