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Bitcoin Hits a New All-Time High: What Happens Next?

Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.

Оновлено 14 вер. 2021 р., 10:36 дп Опубліковано 30 лист. 2020 р., 6:20 пп Перекладено AI
Breakdown 11.30 Bitcoin BTC ATH all time high

Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.

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This episode is sponsored by Crypto.com, Nexo.io and this week's special product launch, Allnodes.

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On this historic day, NLW looks at bitcoin’s punch through its previous December 2017 all time high. Specifically, he looks at:

  • How different people benchmark the all time high
  • What drove the latest price action, including the prospect of a new investment from institutional asset management giant Guggenheim
  • Why historian Niall Ferguson is arguing that bitcoin has won the Covid-19 monetary revolution
  • Why macro giants including Raoul Pal, George Gammon and Ben Hunt got into disagreements with Bitcoin Twitter about how co-opted by the state and Wall Street bitcoin was likely to become

See also: Bitcoin Price Sets New Record High Above $19,783

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.