1. EachPod

UNCHAINED: How Crypto Markets Are Reacting Post-Selloff, With Election/Fed Uncertainty Ahead

Author
CoinDesk
Published
Fri 09 Aug 2024
Episode Link
None

Jason Pagoulatos, head of markets at Delphi Digital, explains why crypto markets rebounded quickly from the rout this week, why ETH has underperformed BTC and SOL in 2024, and how Fed and election uncertainty might affect crypto.

After the unwinding of the Japan carry trade, the weak jobs report, and Jump’s dumping of ETH slammed crypto prices earlier this week, Jason Pagoulatos, head of markets at Delphi Digital, gives his insights on where prices are headed. He explains why he thinks Ethereum has underperformed so far in 2024, how the ETH ETFs might impact the price as outflows from Grayscale’s ETHE dwindle, and how the election, moves by the Fed, and the adoption of Bitcoin ETFs by Morgan Stanley advisors will affect BTC. 
Show highlights:

Why the markets have rebounded since the weekend selloff

The role of Jump in the ETH selloff and why ETH has been underperforming so much this year

Whether Grayscale’s ETHE slowing down the outflows will reverse the trend for ETH

Why Jason believes that investment advisors will continue to push bitcoin to their clients

How the macroeconomic environment is affecting crypto prices now and the impact in the near future

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
Thank you to our sponsors!

iTrustCapital

Polkadot

Token 2049

Guest
Jason Pagoulatos, head of markets at Delphi Digital

Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Share to: