John O’Donnell calls in from Vancouver where he is teaching a free class on market timing. Merlin and John talk about some of the market evolution that has happened in Canada. Other topic include oil, precious metals, global currencies and much more!
Author
Shiba Inu (SHIB), the dog-themed meme coin that became one of the biggest success stories in crypto and turned early buyers into crypto millionaires, is facing tough times. Its price has fallen more than 32% so far this year, and it is down 95% from its all-time high in 2021.
Bitcoin upholds a subtle recovery outlook on Monday, trading above $64,000 as investors reengage amid easing geopolitical tensions, particularly in the Middle East. Altcoins are broadly rising, led by Zcash and Bittensor, indicating a positive short-term turnaround.
Cryptocurrency prices are broadly rising on Monday, with Bitcoin reclaiming support above $64,000. Ethereum holds above $1,700 as bulls target a short-term breakout above $1,800. Meanwhile, Ripple is back above $1.13 after testing the $1.12 support level.
Bitcoin trades around $64,000 at the time of writing on Monday after declining nearly 4% in the previous week. BTC investors remain cautious despite signs of progress in the first round of US-Iran peace talks in Switzerland.
