CNBC’s Kate Rooney, joins ‘Squawk on the Street’ to discuss Bitcoin’s big bounce today. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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    17 Comments

    1. 👍👍This is my fifth year after retirement. I’ve been following the 4% rule thing, but this isn’t really how hard I expected things to be. I still have about $460k outside funds in my IRA to invest in stocks. Pls how do I take advantage of the market turnaround?🚀🚀🚀

    2. I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you JENNY PAMOGAS CANAYA .

    3. I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities

    4. The recent uptick in Bitcoin's value marks a significant moment in the cryptocurrency market,
      indicating not just a temporary spike but the onset of a potentially larger trend. This positive
      trajectory reflects growing investor confidence and suggests a broader shift toward global
      cryptocurrency acceptance. The movement presents a prime opportunity for investors, especially day traders, to capitalize on Bitcoin's momentum, highlighting the importance of strategic investment during such pivotal market trends. I've personally benefited from following Eliana Lillian’s trading tactics, amassing 23 bitcoins in a short four weeks period, which speaks volumes about her expertise.

    5. Cryptocurrency is booming, notably giants like Bitcoin and Ethereum. Yet, the market's rollercoaster nature is testing even the hardiest investors. Guidance from pros like Craig Reeder is a beacon during these times. His strategy has fueled my portfolio's fast-paced growth, netting me over 25Btc. Remember, in such a volatile arena, thorough analysis and astute decisions matter, and Craig is the mentor you need for triumph.

    6. BTC is not functional as a currency and has no real enterprise uses. BTC is too slow, too costly and will not scale. BTCs only value comes from mining and it is on a loosing track. Right now the energy cost eats up 61% of the returns. What happens in Apr. when it halves again? If the price is the same the energy cost would be 122% of your profits. No one will run a rig at a lose. It could be the last straw. Also there are way better crypto out. “Hedera Hbar”. It is adopted by some of the worlds largest companies and has done over 25 billion transactions. Over 150 million a day. Now doing over 1,800 per sec. Hedera is 200 million times greener than BTC. faster, Proven ABFT secure, less costly and scalable. BTC has yet to do 1 billion tx in its life time and it is 8 years older than Hedera. Search (Bitcoin Energy Consumption Index) updated daily by Cambridge.

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