00:00 Josh

Bitcoin, I’m just looking at. Okay, we’re back at 95. What is driving that Kavita and I’m curious where where you see that headed near to intermediate term? What are what are some of the potential catalysts ahead?

00:14 Kavita

I think if we look at the market, Josh, like Bitcoin went up and down, but held itself very strong, so did Eth. Eth went down to 24, 26, went up moving between 29 to 32, same thing with Solana. I feel like overall the market is ready. It was expecting some really positive direction especially it would have happened today uh with respect to the regulation, but at the same time, the liquidity in the market once we come back uh from the holiday season is positive.

00:49 Kavita

And I feel like Bitcoin crossing 100k is bare minimum which we’re going to see and moving more towards 130 plus. Uh but at the same time, I think the overall market with uh with upcoming IPOs, most probably Bitgo IPOs by the end of the month or somewhere next month, we’re going to see a little bit push in the overall crypto market.

01:12 Kavita

So bit I’m I’m crossing my finger for even Eth crossing 4K again.

01:17 Josh

Finally Kavita, you know, we think of Bitcoin, of course is a volatile asset. Is it as volatile as it used to be, Kavita?

01:23 Kavita

No, no, no. and that’s why we say like Bitcoin is moving more towards a gold like a digital asset because the volatility is not that much. It is becoming much more safer. It is becoming a much more it has already become a huge institutional adopted uh currency and an asset. And I think because of those reason of long-term holding, it is not that volatile, which we are still seeing in bunch of really good tech altcoins, which I think it will take time.

01:46 Kavita

Similar thing which we saw with Ethereum. It did not move. the volatility wasn’t there like 30% or 40%. It moved within its 10 to 12% zone.

01:57 Josh

Kavita, always good to see you. Thank you.

02:00 Kavita

Thank you.