Overall crypto market looks healthy: Strategist

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  • Опубліковано 7 лют 2025
  • Bitcoin (BTC-USD) has been on a roller coaster ride of volatility as of late, with crypto asset fluctuations tied to market reactions to President Donald Trump’s tariff actions. The cryptocurrency's price is currently hovering just below $100,000.
    Lyn Alden, founder of Lyn Alden Investment Strategy, joins Wealth to explain that bitcoin generally trades closely with liquidity and that its movements are amplified during times of market confusion. Alden anticipates more regulatory clarity and potential rollback of restrictions.
    Cornell University professor Eswar Prasad told Yahoo Finance earlier today that bitcoin is trading "like an even riskier asset than any other."
    Alden also notes the growing corporate interest and strategic reserve developments as bullish signs for bitcoin.
    "Probably from an investor standpoint, you want to err on the side of conservative, you don't want to put a lot of expectations on what kind of announcements could be made associated with bitcoin or other assets, because it's always better to be surprised to the upside than to be surprised to the downside," Alden says.
    "I think the fundamentals are strong enough to make the case for the asset. Even putting aside some of the bigger possible announcements we could hear and then allow that to be upside should we get, you know, more bullish announcements than we may expect."
    #bitcoin #stocks #news
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КОМЕНТАРІ • 15

  • @EstelleChellam
    @EstelleChellam 2 дні тому +38

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      @FrederiekRingoet 2 дні тому +1

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      @EstelleChellam 2 дні тому +1

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      @EstelleChellam 2 дні тому +1

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      @FrederiekRingoet 2 дні тому +1

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      @lucymarsh 2 дні тому +1

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  • @JacobWilson777
    @JacobWilson777 3 дні тому +2

    lmao yahoo is the next jim cramer

  • @tyreed.3716
    @tyreed.3716 3 дні тому +1

    Then immediately after this video, crypto took another massive sh!t

  • @Peaceandfree
    @Peaceandfree 3 дні тому

    We have a crypto friendly government
    We are in a bullish super cycle
    Guys this is the last chance to buy solana cheap. It’s now or never. If you are looking for generational wealth and financial freedom then stop wasting your time and buy Solana now 😊

  • @JobsJuly
    @JobsJuly 2 дні тому

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