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CoinDesk Podcast Network

MARKETS DAILY: Crypto Update | Should Traders Worry About Rate … Hikes? With Eddy Gifford

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 26 February 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

The latest price moves and insights with Jennifer Sanasie and Tactive Wealth Adviser Eddy Gifford.

To get the show every day, follow the podcast here.

On "Markets Daily," host Jennifer Sanasie speaks with Tactive Wealth Adviser Eddy Gifford on whether the U.S. Federal Reserve is likely to succeed in its goal of obtaining a soft landing, where bitcoin has room to run and which altcoins stand out in today's market.

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MD15. Register now at consensus.coindesk.com.

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This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl, alongside Senior Booking Producer Melissa Montañez. 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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1:01.2

It's Monday, February 26th, 2024, and this is Markets Daily from Coin Desk.

1:05.1

I'm your host, Jen Sanasi. Let's dive into those prices.

1:14.8

According to Coin desk indices at 8 a.m. Eastern time, Bitcoin fell slightly in the last 24 hours and is down over 2% on the week, trading at $51,209. Meanwhile, Ether was trading up slightly

1:23.0

on the day and remains above the $3,000 mark, trading at $3,063.

1:29.3

Assets in the Coin Desk 20 index leaned red week-to-week.

1:33.7

Uniswop bucked that trend up nearly 40% over that time period in a proposed governance

1:39.7

overhaul.

1:40.9

In traditional markets, both the NASDAQ and the S&P 500 notched weekly gains in last week's

1:45.9

trading, and in commodities, the Brent crude oil benchmark was trading at $80.39 a barrel.

1:52.7

Meanwhile, gold was trading at $2,032 an ounce.

1:56.9

For more on the market's action, let's bring in Tactive Wealth Advisor, Eddie Gifford.

2:03.4

Good morning. I'm back from a very sunny vacation. I'm back to the markets looking a little bit different than when I left. So let's just get right into it. What are you watching this morning?

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