Behind the volatility in crypto: Bitcoin hovering around $69,000, ethereum near $2,000

    CNBC”s MacKenzie Sigalos joins ‘Squawk Box’ to discuss the recent bitcoin volatility.

    41 Comments

    1. Unable to find any utility for bitcoin . Didn’t work against inflation . Replacement of gold failed . Decentralisation failed only a handful of companies control the network. free from government also failed miserably because government can seize bitcoin anytime 😂

    2. Great video and very straightforward. I don't see any other perfect time for one to invest in crypto and trade than now. I don’t think that buy and hold is a valid investment strategy anymore but trading is worth it and you make more money when you trade correctly. just made my first $500k in crypto and I barely know how to express how happy and excited I am right now. Its all about knowing what strategy to apply and when.

    3. I watch CNBC every day, Mon-Fri. They usually cover BTC when it is going down, sometimes they update their article all day, hour by hour, if it is going down. However, hardly any coverage when BTC is going up. They never mention how the crypto exchanges manipulate the market to liquidate the longs.

    4. Just BUY QUANTS QNT QUANTS QNT QUANTS QNT!!!!!! The GOOGLE of Crypto Quants QNT is not a cryptocurrency. It is the Network of Networks for the Global institutional adoption of blockchain DLTs.

    5. Your channel has been a huge part of my transformation. God is truly good! I was once overwhelmed by obligations tied to my mom’s health care, and it felt like there was no way forward. Through the guidance I received and the steps I took, everything changed. I’m now completely free from that burden and living with stability and peace. What started as a leap of faith has turned into consistent growth and security. I’m deeply grateful for this life-changing journey.

    6. There is a further severe problem with the miners not properly accounting for the depreciation in the mining equipment they use which I’ve heard explained but can’t describe myself. I think Sinalos would have no problem looking into this.

    7. People finally realizing that the overall impact is just not materializing.
      A hedge for inflation!
      A safe Haven like gold!
      We are all about decentralizing then the ETF!
      Be your own bank! Wait, forget about that number just go up me like!
      Screw the government!
      Now Simp, the government!
      P2P cash!
      Now hodl !!!
      Lightning has minimal impact.

      Michael Saylor say jump off bridge…so we jump off and if survive we jump off higher bridge. 🦍 🦍 🦍
      Just admit, we have no idea what’s going to happen with such rampant speculation of greed and fear of being left out.

    8. At 100 million satoshi per bitcon and 21 million bitcon, that seems like 2,100 Trillion trading units to me. Couple that with the fact that literally an unlimited number of unique cryptos can be created and the argument for scarcity kind of withers to ridiculous. Maybe an encrypted electronic trading ledger (bitcon) that uses 175 Trillion watt hours of electricity EVERY YEAR isn't the modern miracle we are constantly told it is. Throw in the NFT debacle or SBF (bitcon billionaire still in prison) and it really seems a little con like.

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