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Emily Nicole

👤 Speaker
42 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Yeah, it just keeps going, doesn't it?

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

I mean, weekends are traditionally a very low liquidity time for Bitcoin, especially.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

It's a market that trades 24-7, so it never switches off.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

And that does mean that we tend to get these outsized price moves, particularly over weekends.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

And that's what we saw earlier on in the Asia trading day on Monday, or I guess overnight for all of us over on the Western side.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

And that's what we've been looking at today as well.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

It's kind of gone back above that 65,000 mark, but really can't edge much higher.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

I mean, Bitcoin's not impervious to what's going on with tariffs, right?

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

It's a high risk asset.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

So when things like Donald Trump's tariffs post happen, that is going to impact Bitcoin negatively, just as it did quite a lot of other asset classes over the weekend.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

There is, however, this kind of support level that we've been talking about, whether that's 60,000, 65,000.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

We're now really starting to see traders consolidate around that mark.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Traders really don't want Bitcoin to go below 60,000 because that does mean that kind of we're heading even further lower and could that, you know, when all bets can be off.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

So we're really kind of seeing consolidation around that point.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

But as you said, it's been a rocky few months and there's no telling whether it's going to continue to go down or up at the moment.

Bloomberg Tech
Big Tech’s AI Debt Is Raising Investors’ Eyebrows

We're definitely seeing a bit of recovery.

Bloomberg Tech
Big Tech’s AI Debt Is Raising Investors’ Eyebrows

I mean, it went as low as 80,500 odd on Friday.

Bloomberg Tech
Big Tech’s AI Debt Is Raising Investors’ Eyebrows

So going back up to about 87,000 today, that seems like a pretty good recovery for Bitcoin.

Bloomberg Tech
Big Tech’s AI Debt Is Raising Investors’ Eyebrows

On the ETF front, we're not really going to know the data until the end of the day.

Bloomberg Tech
Big Tech’s AI Debt Is Raising Investors’ Eyebrows

That's where we might see more of the institutional activity coming in.

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