MARKETS DAILY: Crypto Update | Why Crypto Investors Should Watch for US Treasury's Refunding Announcement
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 30 April 2024
⏱️ 19 minutes
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| 0:43.9 | Wondery UK. That's audible.com slash Wondery UK. Net issuance towards bills or some kind of good |
| 0:51.8 | commentary out of the Treasury, QT tapering, and |
| 0:55.7 | dubbish commentary from the Fed. We think as long as two of those three things happen, we could |
| 1:00.4 | start to see the dollar roll over and perhaps some rally in bonds and broadly better conditions |
| 1:06.7 | for liquidity sensitive assets like Bitcoin. |
| 1:19.9 | It's Tuesday, April 30th, 2024, and this is Markets Daily, a show where we get into the minds of some of the smartest and most experienced investors, traders, analysts, researchers, |
| 1:24.9 | CEOs, and anyone with a hot or smart take on the crypto markets, |
| 1:29.1 | I'm Jen Sanasi. Before we get into our discussion today, let's take a look at what's going |
| 1:33.1 | on in those crypto markets. Bitcoin and Ether are nursing losses this morning after weak |
| 1:38.3 | demand for Hong Kong ETFs. We've been talking about those all month on this show and so a little |
| 1:43.9 | disappointing to see the numbers this morning. |
| 1:45.6 | But we'll get into that in just a little bit. |
| 1:48.1 | The six ETFs registered first day trading volume of just $11 million as of 8.45 a.m. Eastern time. |
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