20 min listen
974: CRYPTO INVESTORS READY TO DEPLOY $25 BILLION ONCE BITCOIN BOTTOM IS IN, ACCORDING TO QUANT ANALYST!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
974: CRYPTO INVESTORS READY TO DEPLOY $25 BILLION ONCE BITCOIN BOTTOM IS IN, ACCORDING TO QUANT ANALYST!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
25 minutes
Released:
Jul 1, 2022
Format:
Podcast episode
Description
On-chain insights platform CryptoQuant CEO Ki Young Ju says crypto investors did not leave the market despite this year’s downturn.
According to Ju, the current dip that sent Bitcoin (BTC) plunging below $20,000 from an all-time high of nearly $70,000 can be considered the crypto market’s first recession.
“Stablecoins sitting in exchanges are now worth half of Bitcoin reserve. We have $25 billion loaded bullets which can make crypto asset prices go up. The question is when, not how.”
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According to Ju, the current dip that sent Bitcoin (BTC) plunging below $20,000 from an all-time high of nearly $70,000 can be considered the crypto market’s first recession.
“Stablecoins sitting in exchanges are now worth half of Bitcoin reserve. We have $25 billion loaded bullets which can make crypto asset prices go up. The question is when, not how.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Jul 1, 2022
Format:
Podcast episode
Titles in the series (100)
610: MAX KEISER SAYS, BITCOIN TIPPED TO HIT $220K AS CHINA SHUTDOWN SEES MINERS AIRLIFT EN MASSE TO USA!!: CHINA's Bitcoin crackdown has caused the nation's miners to flee en-masse and set up operations in the US, with one expert Max Keiser stating the move affirms his price target of "$220,000 BTC for 2021". Referring to the move by China Bitcoin pioneer... by Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News