Bitcoin continues to hold above $63K despite heavy ETF outflows and elevated Treasury yields, showing surprising resilience as markets remain cautious. With volatility near historic lows and Goldman expecting no Fed hike in September, the setup could be building for a bigger move as macro and geopolitical risks remain in focus.<br><br>Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin SHOULD Be Falling - So Why Isn’t It?

The Wolf Of All Streets

Bitcoin should be failing, so why isn't it? We're in that point in the market where seemingly we have nothing but bad news, but Bitcoin remains resilient. That's just one part of the conversation today. Obviously, we're going to dive into everything macro, where markets stand, what our predictions are for the rest of the year with Dave, Mike McGlone and special guests from Franklin Templeton, Chris Gallipo. Let's do it. Happy Macro Monday, everyone.

Good morning, everybody. Welcome to Macro Monday. We're going to dive right into it. Mike McGlone will be joining in a bit. He was supposed to be here to give us his thoughts on the morning meeting, but he got called off to be on actual TV. So he prioritized that over us. I'm not saying that I'm feeling personally an affront or anything, but that is what happened. Mike, sometimes duty calls, but it's good because we can't talk about Bitcoin yet, Dave, because we need to hear Mike tell us it's going to $10,000 and that there's millions of cryptos and unlimited supply.

Please, dear God, try to steer the conversation away from that nonsense. We won't do that yet. We won't do that yet. Chris, listen, so we've got you here, obviously, head market strategist at Franklin Templeton. Welcome to Macro Monday for the first time. Maybe you can set the table for us as to where you're generally feeling about markets. I read your most recent research. It was great. I don't think you're as bearish as McGlone.

Well, listen, let's remember that the world doesn't end that often, right? Despite the constant negative of that. Look, I think the backdrop here is fine.

Bitcoin SHOULD Be Falling - So Why Isn’t It?

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Bitcoin SHOULD Be Falling - So Why Isn’t It?

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.