Bitcoins Insatiable Demand

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Bitcoins Insatiable Demand

In this episode of the podcast, we delved into:

• Recent market turbulence sparked by higher-than-expected inflation led to a retreat in equities.
• Quick recovery was observed in cryptocurrencies following the market turbulence.
• Decreased probability of a rate cut in June, contingent upon economic stress levels and corporate earnings.
• Exploration of the historical pattern of price appreciation, dip, and eventual recovery surrounding the Bitcoin halving.
• Steady demand for Bitcoin is driven by Bitcoin ETFs, resulting in short-lived dips and increased price stability.
• Record inflow achieved by the semiconductor ETF SMH underscores the growing significance of AI-related industries.
• Interest from an investor group linked to Israel in acquiring TikTok, potentially influenced by recent pro-Palestine content.

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Anything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your due diligence before making any investment decisions.