MARKETS DAILY: Crypto Update | Crypto's Next 'Face Melting Breakout'

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CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 24 April 2025

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

The latest price moves and insights with Jennifer Sanasie, Andy Baehr and Hyperion Decimus co-founder Chris Sullivan. To get the show every day, follow the podcast here. Hyperion Decimus co-founder Chris Sullivan joins CoinDesk to discuss the current crypto market dynamics amid global economic uncertainties and explains why we may need to see bitcoin cool off for potential "face melting" breakouts. Plus, outlook for further institutional adoption, regulatory impacts and hedge fund strategies. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - This episode was hosted by Jennifer Sanasie and Andy Baehr. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen. 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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0:49.3	We've got all the harm marks of a potential face melting breakout. This is not confirmed to use
0:57.7	technical terms, but I love the pattern. I'd like to see a couple backfilling subdivisions
1:03.7	and a high at least over 95-96 range. And then maybe more important to that would be a cooling off of Bitcoin and some
1:12.8	impulsive reaction from Ethereum, Solana, and other L1s, and L2s that are the base of the
1:18.9	infrastructure of digital assets.
1:27.4	Markets are finding their footing again after a roller coaster stretch driven by global economic uncertainty.
1:33.3	On today's episode, I'm joined by my co-host, Andy Baer, head of product and research at CoinDesk Indecease, as we dive into the mindset of a crypto hedge fund manager.
1:42.8	Our guest is Chris Sullivan, co-founder of Hyperion Decimus.
1:47.2	Chris Sullivan, welcome to Markets Daily. Thank you, Jen. Appreciate you having me.
1:51.8	All right. Let's just start with what's on everyone's mind. Everyone's watching macro.
1:57.6	We have this tariff war happening between the U.S. and the rest of the world, but more
	...

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