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Bitcoin Rallies Towards ATHs! Can The Bulls Keep Control Or Is The Cycle Top In?

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Manage episode 515909207 series 2648532
Content provided by Scott Melker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Melker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Today’s market action comes as optimism builds around a potential Trump–Xi trade breakthrough, easing global tensions and driving risk assets higher. Meanwhile, JPMorgan expects the Fed to end quantitative tightening this month, a move that could unleash massive liquidity into markets and further fuel Bitcoin’s run. On the innovation front, Zelle and Western Union are both adopting stablecoin payment systems, Japan has launched its first yen-backed stablecoin, and Trump’s new CFTC chair Michael Selig has vowed to make the U.S. the “crypto capital of the world.” With Bitcoin eyeing a record monthly close, ETF inflows climbing, and macro policy shifts aligning in its favor — the question now is whether this rally has the strength to break into new all-time highs… or if the market is setting up for a massive pullback.

  continue reading

1596 episodes

Artwork
iconShare
 
Manage episode 515909207 series 2648532
Content provided by Scott Melker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Melker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Today’s market action comes as optimism builds around a potential Trump–Xi trade breakthrough, easing global tensions and driving risk assets higher. Meanwhile, JPMorgan expects the Fed to end quantitative tightening this month, a move that could unleash massive liquidity into markets and further fuel Bitcoin’s run. On the innovation front, Zelle and Western Union are both adopting stablecoin payment systems, Japan has launched its first yen-backed stablecoin, and Trump’s new CFTC chair Michael Selig has vowed to make the U.S. the “crypto capital of the world.” With Bitcoin eyeing a record monthly close, ETF inflows climbing, and macro policy shifts aligning in its favor — the question now is whether this rally has the strength to break into new all-time highs… or if the market is setting up for a massive pullback.

  continue reading

1596 episodes

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