BREAKING CRYPTO NEWS! IT MIGHT BE OVER!! WHAT DOES THIS MEAN FOR BITCOIN SHIBA INU AND ALTCOINS

BREAKING CRYPTO NEWS! IT MIGHT BE OVER!! WHAT DOES THIS MEAN FOR BITCOIN SHIBA INU AND ALTCOINS

holy smokus it ain’t no jous news came
out that could put an end to the dream
of rate Cuts this year in the United
States of America and the FED will have
no choice but to continue its hard
stance on inflation hello beautiful
people Shalom money makers how is that
going to affect uh the crypto Market uh
we’ll talk about that we’ll also talk
about some interesting uh crypto use
some banks that are entering the crypto
Zone and how much do Fidelity and black
rock actually have uh from Bitcoin ETFs
we’ll talk about all that all I asked is
it to give me a beautiful smile right
smash that like button subscribe to the
channel if you want some more updates on
the crypto Market about the financial
Market um we get updates every day a lot
of you watch the videos but are not
subscribed and and are not part of the
notification Nation so uh do that when
you get a chance so currently the price
of Bitcoin is at
64,000 down minus
0.72% on the day you can see ethereum is
down a little bit shibo is down 1% as
well and in general the total crypto
Market is down 0.6% on the day if we go
to the crypto bubbles you can see it’s a
mixed bag here right some green some red
but what is interesting is while the
crypto Market is kind of sleepy right
the stock market is up today very nicely
uh with the S&P 500 up about 1% the
NASDAQ down up
1.6% uh so even with the the news that
came out the stock market actually like
the data right um it also could be they
were it’s Freaky Friday right and on
Freaky Friday uh in the stock market the
option chain right it has a lot to do
with what’s going on is it the monthly
option chain uh that ends this uh week
right is this the third uh it’s my
calendar is not opening right um I think
no last week was the monthly contracts
okay but still Friday could be uh a a
day of uh you know great volatility and
yet even with the data that came out and
we’ll get to that in just a second the
market uh stock market is up so crypto
Market is kind of weak maybe after the
stock market closes we’ll see uh crypto
bounce back right maybe money will shift
uh from stock market into the crypto
Market the big news was after yesterday
when we saw um the
uh growing of the economy of the US but
it was growing right the GDP was lower
than expected so there was it was
growing but growing lower than expected
um today actually that was not what I
wanted to show you I’ll show the other
one later um March PC inflation the
fed’s preferred inflation measure Rises
to 2.7 above the expectations of 2.6 for
CP inflation was 2.8 above the
expectations of 2.6 now we have CPI PPI
and PC inflation Rising for two straight
months how can the FED afford to cut
interest rates right and so if we had
the dream at the beginning of the year
of interest rate Cuts multiple interest
rate cuts it seems that that dream is
over and that it’s I know some of you
were saying June July we’ll see we’ll
see what the FED has to say um it’s
only uh four days so it’s May 1st uh
we’re going to have the FED decision uh
and the federal chairman will give us a
little bit of his analysis tell us what
he thinks what could potentially happen
here uh going forward uh but it doesn’t
look very optimistic to rate Cuts does
that mean per se that the markets won’t
be successful this year that’s a
different story and this is a very
complex year two reasons right one
reason is for crypto it’s po having year
historically the year post having has
been very good right furthermore it is
an election year I I this coincides
together
right um I think sh motive was smart
right putting it on the election year
right um so the fact is that
historically election years are usually
usually good years for the market stock
market and crypto Market as well but
crypto market like I said it coincides
with the the having year so that’s kind
of like a you know it should have an
asteris right but the stock market
usually does good in an election year so
we have those both of those so even if
the FED decides not to raise interest
rates sorry not to reduce interest rates
uh on May 1st uh which now it’s a 97%
that that’s going not going to happen
and 88.9% that it’s not going to happen
in June and let’s see what what they’re
saying about July uh 68% so we’ll see
how this shifts still you know high
probability that it won’t happen right
there won’t be a reduction let’s see
September
September is interesting September there
already is already higher probability
for a reduction so this will be
interesting to see right and we also saw
that saving rates in the US fall from
3.5 to 3.2 the lowest since November of
2020 to now this makes sense right um
credit card debt continues to push above
a record 1.1 trillion with 25% interest
rates meanwhile spending Rose 0.8% month
over month out pay facing the growth
which was 0.5 inflation is taking its
toll on consumers so like I I told you
and I was saying why this is so
important because saving rates are
falling so if people have the decision
to make do they keep their expenses the
way they are or reduce them right or do
they reduce their Investments or their
savings right uh and many people will
take the first option meaning they’ll
keep it expenses the way they are and
they’ll reduce their Investments so if
they would have invested $1,000 into
crypto or stocks well now they’re going
to only invest 500 or not invest in all
at all so this is very important right
uh and the longer this continues the
more likely people are going to be in a
state where they are not even thinking
about it investing right so this a
slippery
slope we also saw that the world’s
largest custodian Bank bny melon reports
exposure to bitcoin ETFs um as we get
into the meat of the earnings reports
we’re getting more and more confirmation
that more and more uh bodies have been
buying up Bitcoin ETFs and this is very
interesting uh as we go forward um we
know that uh the I think it’s the 30th
of uh April uh or 1 of May I don’t
remember but in the next few days uh the
ETF in Hong Kong are going to start uh
trading um so that will be interesting
to see uh what kind of Investments we
see from there and how that will affect
the price of the cryptocurrency market
because as you can see for the most part
right assets are moving together right a
little bit up a little bit down but
they’re all moving more or less in the
same kind of pattern uh that we have
been stuck in here for for a while for a
week or two basically since the having
um but this is this is most of the time
in the crypto Market market like the
crypto Market is usually boring like
this there’s a few days uh that it goes
bananas uh but for the most part it’s
kind of boring and consolidation and
moving sideways and I’ve seen these
memes that like 2020 having was like a
big strong Bull and in 2024 is like a a
skinny uh cow right but no right the the
2020 also it was like five months of
consolidation
so it’s it’s behaving the way it should
have behaved right um so it will be
interesting to see uh where we go and
listen Black Rock and Fidelity continue
to get more customers continue to
purchase more Bitcoin they already hold
together
428,000 I’m not a profit uh I don’t know
exactly what’s going to happen in the
crypto Market I can only look at what
happened in the past and try to figure
out what’s going to happen in the future
um but if you want to take advantage of
these kinds of um slow times in the
market you can use leverage if you’re
interested in leverage our partner Marx
will give you the opportunity I’ll link
to the video in just a second where you
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not for you um and comes with risks of
course leverage can be dangerous so
that’s why I made this video to explain
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you again it’s not for everybody uh but
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get a little bit commission I explain
everything in the video check it out
thank you for watching I hope to see you
next time of course not Financial advice
you should always do your own due
diligence before you decide to invest
thank you for watching I hope to see you
next time and like I always say let’s
make a lot of money

BREAKING CRYPTO NEWS! IT MIGHT BE OVER!! WHAT DOES THIS MEAN FOR BITCOIN SHIBA INU AND ALTCOINS

*Disclaimer I do own Shiba Inu Token and Bitcoin that we talked about in this video

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