Today on "Markets Daily," Jenn Sanasie interviews Sam Callahan, Senior Analyst at Swan Bitcoin. They discuss the short-term price correction in Bitcoin and Ether, likely driven by long-term holders taking profits, miners liquidating assets, and ETF outflows. Despite this correction, the overall narrative for Bitcoin remains strong, highlighting its role as a hedge against currency debasement and a store of value.
00:00 The Short-Term Price Correction in Bitcoin and Ether
03:01 Bitcoin's Value Proposition as a Hedge Against Currency Debasement
06:16 Institutional Investors and the Rise of Spot Bitcoin ETFs
09:52 Bitcoin's Role in the Upcoming Election
13:28 The Potential Impact of Single-Issue Voters on the Election Outcome
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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