00:00 Speaker A
Let’s get a quick check on crypto brought to you by the National Cryptocurrency Association. We are seeing Bitcoin and Ethereum move higher based on the implications of this war in Iran potentially ending, according to President Trump.
00:15 Speaker A
We are seeing Bitcoin move higher up about 4/10 of a percent and this could snap the losing streak that Bitcoin has had since September. If you take a look over the past year, we are down about 18%.
00:27 Speaker A
and over the past six months alone, what we have seen is this sell off with Bitcoin down about 41%. But once again, today, we are trying to hold on to some momentum there, now up about 3/10 of a percent.
00:37 Speaker A
That’s extending into Ethereum, which is actually seeing a bigger gain on today up about 1.10% for the day.
00:43 Speaker A
If you take a look over the past six months though, Ethereum has gone down as well, down about 50%. So definitely some optimism returning to the market as well.
00:51 Speaker A
I do want to take a look at our cryptocurrency heat map. What we are seeing there is a bit of a mixed picture. If you do go to equal weight, we are seeing uh some leaders in the gain, but we are seeing Bitcoin still around here
01:00 Speaker A
and most of them in the red including Solana. Solana down about two and a half percent on the day. And that as well also seeing over the past six months some downward pressure down about 61%.
01:10 Speaker A
This also extending, this optimism extending into the crypto stocks with Robin Hood, Coinbase and Circle seeing some upward momentum today.
