Bits + Bips: Market Chaos, Fed Missteps & Harris' ‘Crypto Reset’ - Ep. 688 – Unchained

Bits + Bips: Market Chaos, Fed Missteps & Harris' ‘Crypto Reset’ - Ep. 688 – Unchained

Market views

Bullish

FOMC— Upcoming Fed rate cuts may be bullish depending on the quantity.
ETH— Discussing a brief long ETH trade during peak market panic.
ELECTION— Sharing mixed views on US election impacts, with a Harris victory perceived bearish to neutral and a Trump victory being bullish.

Bearish

FOMC— Fed interventions could be bearish based on upcoming data and action.
WBTC— WBTC custodian BitGo announced a partnership that inspired fear in DeFi, which could impact the overall BTC price if protocols like Maker were to divest.
VIX— Volatility and market panic may be past peak.

Not investment advice.