Want to create an interactive transcript for this episode?
Podcast: Inflection Point
Episode: Institutional Money Drives Bitcoin Higher, China Grapples with Energy Crisis | Round Up
Description: In this episode of the weekly round up, Mike and Mark spend a lot of time on Bitcoin's recent run above $55,000. They take a look at open interest and the rolling 1 month basis on Bitcoin futures on CME compared to other offshore exchanges like Deribit and Huobi, and what that says about institutional flows. They also take a look at Bitcoin's price action compared to previous cycles in 2013 and 2017, and the recent resumption of the seasonality trend and divergence from equities.In the latter portion of the conversation they dive deep into food prices...