MARKETS DAILY: Crypto Update | What Could A Recession Mean for Crypto Markets?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 6 August 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
The latest price moves and insights with Jennifer Sanasie.
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CoinDesk's Jennifer Sanasie weighs in on the recent rebound of the crypto markets following the plunge in stocks due to growing recession fears in the U.S. Plus, impact of economic downturns on digital assets, with a focus on increased volatility and liquidity concerns.
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This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and Melissa Montañez, and edited by Victor Chen. 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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| 0:49.4 | It's Tuesday, August 6th, and this is Markets Daily hosted by me, Jen Senassie. |
| 0:55.3 | On this show, we navigate the currents shaping the crypto markets, providing insights against the broader financial |
| 0:59.1 | landscape. So whether you're actively trading or simply fascinated by the volatility of |
| 1:03.7 | crypto markets, this show is your compass to understanding what's happened, where we are, and |
| 1:08.9 | where we're going. Good morning, everyone. Crypto markets |
| 1:12.2 | have bounced back today after stocks plunged on Monday, taking crypto markets down with them |
| 1:18.5 | as recession fears spread throughout the United States. Both the Dow and the S&P 500 closed out |
| 1:24.2 | their worst day since September 2022. Now, this coupled with a weak jobs report |
| 1:29.5 | that we spoke about here on this show and the Bank of Japan's decision to tighten monetary |
| 1:34.1 | policy. And we have economists, investors, and market analysts asking, is a recession on its way? |
| 1:41.1 | And if a recession does occur, what should you be aware of? With economic uncertainty |
| 1:46.2 | looming, understanding the potential impact on your investments is more crucial than ever. Let's break it |
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