How Crypto Markets Are Reacting Post-Selloff, With Election/Fed Uncertainty Ahead - Ep. 685

After the unwinding of the Japan carry trade, the weak jobs report, and Jump’s dumping of ETH slammed crypto prices earlier this week, Jason Pagoulatos, head of markets at Delphi Digital, gives his insights on where prices are headed. He explains why he thinks Ethereum has underperformed so far in 2024, how the ETH ETFs might impact the price as outflows from Grayscale’s ETHE dwindle, and how the election, moves by the Fed, and the adoption of Bitcoin ETFs by Morgan Stanley advisors will affect BTC. 
Show highlights:

00:00 Intro

01:34 Why the markets have rebounded since the weekend selloff

04:11 The role of Jump in the ETH selloff and why ETH has been underperforming so much this year

14:18 Whether Grayscale’s ETHE slowing down the outflows will reverse the trend for ETH

17:53 Why Jason believes that investment advisors will continue to push bitcoin to their clients

20:18 How the macroeconomic environment is affecting crypto prices now and the impact in the near future

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Guest
Jason Pagoulatos, head of markets at Delphi Digital

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