BITCOIN STRIKES BACK | DID YOU BUY THE DIP?

Bitcoin and major altcoins have recovered partially from Monday's shock on the news that a) China is pumping $17 billion into the economy to ease the pain from the Evergrande case and b) the Fed is planning to print money at least until November. The whole crypto market is currently valued at around $2 trillion.

In other news: JP Morgan thinks the fair value of Ether is around $1,500 and that other smart-contract blockchains like Solana and Cardano pose a great risk to the Ethereum network. Bitcoin.org got compromised, Biden might nominate crypto critic Saule Omarova to be the next Comptroller of the Currency, Tom Brady wants to get paid in Bitcoin, Ethereum, and Solana, and Elon Musk is worried that Doge fees are too high.

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#Bitcoin #Ethereum #Crypto

Timestamps:
0:00 Intro
1:30 Gary Gensler and 8%
5:15 Crypto markets soar
6:56 China to save Evergrande
7:30 Bitcoin chart
11:48 Ethereum is overvalued
13:53 Ether chart
15:00 Bitcoin.org hacked
16:26 New crypto critic
17:20 Sheriff of Cryptoville
18:50 Invesco & Galaxy to work on crypto ETF
19:55 NBA’s John Wall reuses Fortnite for NFT
20:25 New crypto & sports deal
21:20 Dfinity, ICP & Bitcoin smart contracts
22:11 Tom Brady wants BTC salary
24:28 Robinhood’s crypto wallet
25:28 Musk: Dogecoin fees are too high
26:28 Dapper Labs reaches $7.6B valuation

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The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

BITCOIN STRIKES BACK | DID YOU BUY THE DIP?