Why Bitcoin’s Record Monthly Close Failed to Ignite Market Euphoria

cryptocurrency 1 day ago
Flipboard


Gemini Head of Markets Patrick Liou joins CoinDesk to explain why bitcoin's sentiment is not euphoric despite the asset registering its highest monthly close ever at around $104,000 in May. Plus, the catalyst that would lead the largest crypto by market cap to the next breakout and insights into the increasing corporate adoption of BTC. - This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - Timestamps: 02:12 Trade Wars and Market Reactions 05:28 Tariffs, Inflation, and Rate Hikes 07:09 Bitcoin's Maturity and Breakout Potential 09:02 Corporate and Government Bitcoin Treasuries 11:19 Future Trends and Legislative Actions - Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to Unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space. Visit https://www.ledn.io/ to learn more. - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE
Read Entire Article