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The Rise of Altcoins

In this week’s Trading Take, Beimnet Abebe from Galaxy Trading joins Alex Thorn to discuss recent market dynamics as Bitcoin approached and subsequently achieved the landmark $100K milestone. The conversation touches on the broader crypto market's performance, highlighting increased investor appetite for higher-risk assets and the role of institutional buying during dips. They also talk about macroeconomic factors, including job market trends and the potential for stagflation, which are influencing market conditions. With insights into regulatory developments and the impact on crypto, this Trading Take offers a snapshot of a transformative moment in digital assets. Listen to the full episode here.