In this week’s episode of Macro Markets, hosted by crypto analyst Marcel Pechman on the Cointelegraph Markets & Research YouTube channel, the focus is on the mutual fund industry and its potential impact on Bitcoin. Pechman breaks down the industry, which is managed by the top 15 asset managers who handle over $54 trillion, and explains how passive investment strategies could lead to Bitcoin gaining adoption among institutional investors.
Despite the mutual fund industry relying heavily on fixed income, which has paid below inflation for the past three years, Pechman explains why it remains their top bet. He also discusses how an increase in the unemployment rate, especially above 10%, could be detrimental to cryptocurrencies.
The show concludes by examining the U.S. credit default swap (CDS) rates, which recently reached an 11-year high. Pechman explains why the U.S. CDS is not currently worrisome and how to analyze specific risks to the U.S. dollar currency.
Overall, the episode provides valuable insights into the traditional financial world and its potential impact on the crypto market. As always, viewers can expect complex concepts to be broken down into simple terms, making it accessible to all.
For those looking for exclusive and valuable content provided by leading crypto analysts and experts, be sure to subscribe to the Cointelegraph Markets & Research YouTube channel and join us at Macro Markets every Friday.