Oil continues to break higher, Bitcoin gets an ETF, and gold remains stuck
Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show joins us to focus on the oil price, the new Bitcoin ETF, and gold’s boring price action.
With oil over $83/barrel we focus on how this could impact the markets and general related inflation data.
On the Bitcoin front the first US Bitcoin ETF is now trading. This ETF is based on the Bitcoin futures. We have Joel share his thoughts on the true catalysts for Bitcoin and who will this ETF is geared towards.