Name: Why Bitcoin Slipped with Bessett Nomination & MSTR's Market Climb
Uploaded: 2024-11-25T19:03:29.909-06:00
Duration: 9 min 41 s
Description: Andy Baehr of CoinDesk Indices explains Bitcoin's pullback after the cryptocurrency hit $100,000 for the first time last week. On Donald Trump's nomination of Scott Bessett for Treasury Secretary, Andy says Bessett's pro-crypto stance will benefit other crypto products like Ethereum more in the short-term. He also explains Microstrategy's (MSTR) meteoric rise with its close ties to Bitcoin.

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Andy Baehr of CoinDesk Indices explains Bitcoin's pullback after the cryptocurrency hit $100,000 for the first time last week. On Donald Trump's nomination of Scott Bessett for Treasury Secretary, Andy says Bessett's pro-crypto stance will benefit other crypto products like Ethereum more in the short-term. He also explains Microstrategy's (MSTR) meteoric rise with its close ties to Bitcoin.

Why Bitcoin Slipped with Bessett Nomination & MSTR's Market Climb

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