In this week’s Trading Take, Galaxy Head of Firmwide Research, Alex Thorn, is joined by Beimnet Abebe from Galaxy Trading to discuss recent market dynamics, including Bitcoin’s ascent over the $60K mark and the Federal Reserve’s latest policy adjustments. They dive into how these changes are shaping investor sentiment and what it means for the broader financial landscape. They break down the effects of the Fed’s decisions on both traditional and cryptocurrency markets, providing key insights into future market trends and investment strategies. Alex also welcomes back Austin Campbell, Professor at Columbia Business School, for an in-depth discussion on the current state and future of stablecoins. Austin shares insight into the evolving landscape of digital currencies, particularly focusing on the legislative developments and the pivotal role of stablecoins in the financial sector. Listen to the full episode here.