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Bitcoin Hits Yearly High As Market Celebrates Institutional Influx

Author
Collective Shift
Published
Tue 27 Jun 2023
Episode Link
None

Matt and Leon cover the recent news of Bitcoin ETFs with entrenched market  movers. They also discuss Bitcoin's soaring price and dominance as these investors flock to crypto’s safest asset.

Key Takeaways:

  1. Bitcoin soared to a 12-month high of $31,470 on the back of more ETF filings. Bullish.
  2. Bitcoin dominance rallies above 50% as more investors flock to crypto’s safest asset.
  3. EDX, an exchange backed by major U.S. financial firms, went live and listed BTC, ETH, LTC and BCH. Institutional adoption continues.
  4. Layer 2 season continues with updates from Zora, Coinbase and Binance.

Timestamps:

00:00 Market Update
03:56 Bitcoin ETFs
08:11 EDX Markets
12:43 Layer 2
16:30 NFTs
19:16 SAP
21:20 The Value Prop

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