Special Bitcoin Street Journal Market Update Episode With Eden And Avery cover art

Special Bitcoin Street Journal Market Update Episode With Eden And Avery

Special Bitcoin Street Journal Market Update Episode With Eden And Avery

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Avery: Alright, welcome everyone to another episode of The Bitcoin Street Journal Market Update! I'm Avery, and I'm here with the brilliant Eden filling in today for the amazing Anna. How's it going, Eden?

eden: Hey Avery! Doing great, thanks. You know, just uh, trying to keep up with everything happening in the world of Bitcoin. It's, like, a full-time job these days.

Avery: So, what do you think about all of these bullish signals? Increased search volumes, Cynthia Lummis saying Bitcoin is going to increase dramatically…it's like, what's not to love?

eden: Yeah, um, it's definitely looking pretty positive, right? I mean, when you see search interest going up, it suggests that more people are, like, actually paying attention and considering Bitcoin, which, you know, is always, a good sign. And Lummis? She's been, like, a major advocate, hasn't she? So, you know, that's, that's always good to hear.

Avery: Oh! I forgot one! Tom Lee's still saying Bitcoin could hit, like, two hundred and fifty thousand dollars this year.

eden: Two hundred and fifty thousand? Seriously? What's he basing that on?

Avery: Uh huh, he's saying it's because Bitcoin's, uh, you know, responding to global liquidity.

eden: Global liquidity? What even is that?

Avery: Um, it's basically how much, you know, uh, cash is floating around in the, uh, global financial system. Like, when there's more of it, there's, uh, you know, more money for investments, like Bitcoin. It's, uh, you know, kinda like a rising tide lifts all boats kinda thing.

eden: Well, Meta shareholders rejected some kind of treasury assessment, right? Like, 95% voted against it. Is that...bad?

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