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How the Election Could Impact Bitcoin in 2024 | Wealth Wednesday
Manage episode 428274253 series 2965900
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Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86.
In today's episode, we dive into the recent market activities, including the significant inflows into Bitcoin ETFs after the 4th of July, the latest updates on Bitcoin, and the potential impacts of the upcoming election on the crypto market.
Bitcoin experienced a historic plunge, dropping more than 10% post-holiday. Despite this, U.S.-based spot Bitcoin ETFs saw impressive net inflows, with Fidelity's Wise Origin Bitcoin Fund leading the pack. We discuss these trends and what they mean for the broader market.
We'll also touch on the upcoming presidential election and its potential influence on Bitcoin and the crypto space. Hear insights from BTC Inc founder David Baily on how he envisions the future of cryptocurrency under different political scenarios.
Follow us on IG: @latinwealth
Email for questions or inquiries: latinwealthpodcast@gmail.com
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