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Bitcoin Hits a New All-Time High: What Happens Next?

Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.

CoinDesk Insights
Nov 30, 2020 at 6:20 p.m. UTC
Updated Sep 14, 2021 at 10:36 a.m. UTC

Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.com, Nexo.io and this week's special product launch, Allnodes.

On this historic day, NLW looks at bitcoin’s punch through its previous December 2017 all time high. Specifically, he looks at:

  • How different people benchmark the all time high 
  • What drove the latest price action, including the prospect of a new investment from institutional asset management giant Guggenheim 
  • Why historian Niall Ferguson is arguing that bitcoin has won the Covid-19 monetary revolution 
  • Why macro giants including Raoul Pal, George Gammon and Ben Hunt got into disagreements with Bitcoin Twitter about how co-opted by the state and Wall Street bitcoin was likely to become

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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