Bitcoins Insatiable Demand

15/03/2024 12 min
Bitcoins Insatiable Demand

Listen "Bitcoins Insatiable Demand"

Episode Synopsis

► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceBitcoins Insatiable DemandIn this episode of the podcast, we delved into:Recent market turbulence sparked by higher-than-expected inflation led to a retreat in equities.Quick recovery was observed in cryptocurrencies following the market turbulence.Decreased probability of a rate cut in June, contingent upon economic stress levels and corporate earnings.Exploration of the historical pattern of price appreciation, dip, and eventual recovery surrounding the Bitcoin halving.Steady demand for Bitcoin is driven by Bitcoin ETFs, resulting in short-lived dips and increased price stability.Record inflow achieved by the semiconductor ETF SMH underscores the growing significance of AI-related industries.Interest from an investor group linked to Israel in acquiring TikTok, potentially influenced by recent pro-Palestine content.CONTACT [email protected] OUR PODCASTOur podcast is about helping people ethically build wealth. We cover a broad range of topics including stock and crypto investing, product reviews, and general financial well-being.DISCLAIMERAnything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your due diligence before making any investment decisions.