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$70k Bitcoin This Week?📈Crypto Market Update

DeFi Daily News by DeFi Daily News
August 26, 2024
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Bitcoin gained over the weekend, pushing its price to levels unseen in three weeks, and has since maintained the $63,000 support level. Despite this positive price movement, BTC derivatives traders appear to be relatively unmoved, indicating a lingering skepticism regarding the sustainability of this trend.

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00:00 Intro
00:50 Sponsor: Tangem
01:40 Feds rate cut cushion
03:20 CNBC – Fed is no longer data dependent
05:02 Fed rate cut could be bad for markets
06:41 Charts
08:30 ETH supply on exchanges hit a new all-time low
09:00 RFK drops out / Polymarket
09:46 TRON flips TON
10:45 Sunpump surge shifts from Solana to Tron
11:32 WebX 2024 on Wednesday
13:00 Outro

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Tags: 70KBitcoinbitcoin etfbitcoin price analysisbitcoin price predictionbitcoin price prediction 2024bitcoin price todaycrypto newscrypto updateEthereumFed Rate Cutfed rate newsjerome powellMarketpolymarketSolanatoncoinTronUpdateWeekCrypto
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