Inflation fears or ETF driving Bitcoin price? The Market Report is live with Big Cheds

Published at: Oct. 21, 2021

Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown:

Is the Bitcoin (BTC) exchange-traded fund (ETF) the only thing driving up BTC price, or are there other factors at play?The first-ever Bitcoin futures ETF hit a record-breaking $1 billion in assets under management in just two days. How will additional ETFs affect the price of Bitcoin? And should an Ether (ETH) ETF be expected anytime soon?ETH is now within reach of its $4,500 all-time high. Does BTC lead ETH, or vice versa? Where will the price of ETH go next?

Then, special guest Big Cheds shares some technical analysis on trending charts, the factors he looks at when making trades and altcoins to keep an eye on.

Using insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market, the Cointelegraph experts identify two altcoins that stood out this week: Elrond eGold (EGLD) and Ampleforth’s AMPL token.

Next up, Pechman explains what the Bitcoin futures ETF actually means and how it functions. Using easy-to-understand examples, he explains how futures contracts allow investors to leverage their bets.

Do you have a question about a coin or topic not covered here? Don’t worry! Join the YouTube chat room, and write your questions there. The Cointelegraph experts will do their best to make sure you get the answer you’re looking for.

“The Market Report” streams live every Thursday at 4:00 pm UTC, so be sure to head on over to Cointelegraph’s YouTube page, and smash that like and subscribe button for all our future videos and updates.

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Bitcoin
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Price Analysis
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