TCR 32: Has the Crypto Worm Turned Again
from The Crypto Rundown Hosted by THE OPTIONS INSIDER RADIO NETWORK
HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP GUEST CO-HOST: JOSH GREEN, HEAD OF TRADING, DIGITAL ASSET CAPITAL MANAGEMENT BITCOIN BREAKDOWN SEGMENT CRYPTO TRENDING MUCH LOWER SINCE LAST SHOW? DOWN OVER $1500 FROM LAST SHOW HIT A 3.5 MONTH LOW THIS WEEK HIGH OF THE WEEK: CAME DURING OUR SHOW DAY LAST WEEK AT $9827 SOLD OFF AGGRESSIVELY ON TUESDAY TO $8364 BROKE $8K AND HIT $7943 ON THURSDAY WAS TRADING $7763 THIS MORNING AND NOW HAS RALLIED NEARLY $300 TODAY BTC OPTIONS TRADES OVER THE PAST WEEK SELL 400 NOV 1300 CALL SELL 200 SEPT 7000 PUT - NOW EXPIRED BITCOIN NEWS Where BTC and the Crypto Market Stand Now CME BTC FUTURES - DECENT VOLUME DAY AND ACTIVE WEEK THE ALTCOIN UNIVERSE SEGMENT MIXED WEEK FOR ALTCOIN ETH: ANNIHILATED OFF NEARLY $30 FROM LAST SHOW XRP - LOOKS LIKE RIPPLE ISN'T BACK AFTER ALL LTC - CRUSHED - DOWN $16 FROM LAST WEEK BITCOIN CASH - CRUSHED - DOWN $77 FROM FROM LAST SHOW CRYPTO QUESTIONS SEGMENT COMMENT FROM Bingotrader: Why are they manipulating the crypto price down? Not approving etfs is tantamount to favoring shorts QUESTION FROM TALEION: Are you guys concerned about the recent selloff or is this just a blip? COMMENT FROM CAPBEX: So much for Bakkt being the starting point of a new huge BTC rally. This selloff coincides almost exactly with the launch of their future. Coincidence?
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