CRYPTO 10112 Sep 2024

Crypto Rundown: $13 Million Dollar Bitcoin & History of BTC Price After Elections

In this episode of the Crypto Rundown, Brendan Veihman and Tevo analyze the recent volatility in the Bitcoin market, with Bitcoin bouncing between $52k and $60k. They highlight the potential for Bitcoin to rise again as they move from a cautious to an optimistic stance on market conditions. The discussion shifts to Ethereum’s layer two (L2) ecosystem, with a focus on Base, the L2 launched by Coinbase, which has become the most active L2 with over a million weekly traders, surpassing other competitors like Arbitrum and Optimism. The hosts also touch on the upcoming U.S. elections and how political outcomes could affect the future of crypto, alongside the growing importance of crypto in the political conversation. The episode wraps up with insights into long-term Bitcoin predictions, such as Michael Saylor's forecast of a $13 million price point.

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