Episode Details

This week, crypto and bitcoin face a pivotal moment as central banks announce interest rates amidst soaring oil prices. While most banks are expected to hold steady, any tough talk on inflation could trigger drops in risky assets like bitcoin. Despite higher inflation boosting bitcoin in the past, climbing bond yields are dampening enthusiasm for high-risk bets. Bitwise researcher André Dragosch sees bitcoin at its deepest discount to big-picture trends, likely nearer the floor than the ceiling. Key macro data to watch includes Canadas consumer price index, US pending home sales, and the Feds decision with economic outlooks and chair press conference. In crypto news, Lava Network adds chains, Backpacks token drop distributes two hundred fifty million tokens, Arbitrum and LayerZero unlocks worth tens of millions, plus earnings from Bakkt and Bitfarms, governance votes across DAOs, and summits in London and DC.

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