MARKETS DAILY: Crypto Update | What the Fed's 'Policy Mistake' Means for Crypto Markets
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 13 December 2024
⏱️ 15 minutes
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| 0:00.0 | Typically, the Fed will cut rates as the economy hits a recession and we have a contraction in prices. |
| 0:05.0 | Right now, that doesn't feel like where we are. |
| 0:07.0 | We are essentially at all-time highs in the stock markets. |
| 0:10.0 | Asset prices are making new all-time highs such as cocoa, such as crypto, such as gold, soft commodities, coffee is very expensive. |
| 0:19.0 | It's near all-time highs, things like that. So it almost feels like maybe the Fed was too eager to cut rates and prevent any sort of hard landing |
| 0:28.9 | that we might actually be in a territory that this might have been a policy mistake. Imagine a blockchain built for you. |
| 0:43.3 | No wallets, no keys, no hassle. |
| 0:46.3 | Just innovation. |
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| 0:53.3 | With Zion, developers can build launch |
| 0:55.4 | and scale products that are ready for the masses. No technical barriers for users, thanks to |
| 1:00.8 | groundbreaking chain abstraction. All it takes to join the crypto revolution? An email. Say goodbye to |
| 1:07.0 | complexity and hello to possibility. Ready to take the leap, explore Zion today at |
| 1:12.4 | zion.com. We all want to believe in something. In Chinese, belief also means trust. We want to |
| 1:20.3 | trust our systems and each other so we can build a future beyond what we know. Join us at Consensus |
| 1:26.7 | Hong Kong, where belief becomes real. |
| 1:29.6 | Hello and welcome to Markets Daily hosted by me, Jen Sanassi. |
| 1:32.8 | On this show, we navigate the currents shaping the crypto markets, providing insights |
| 1:37.1 | against the broader financial landscape, whether you're actively trading or simply |
| 1:41.3 | fascinated by the volatility of crypto markets. |
| 1:43.5 | This show is your compass to |
| 1:44.5 | understanding what's happened where we are and where we're going. On today's show, we have |
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