Bitcoin: Is China The Reason For The Drop? – The Daily Dive

Joining us today on the Daily Dive is that of Charlie Morris, founder and Chief Investment Officer of ByteTree Asset Management. Charlie sits down with us this afternoon to discuss recent bitcoin related developments in El Salvador and related commentary from Fitch Ratings, the drive behind the recent price decline, electricity consumption concerns of crypto, and where he thinks bitcoin is headed by year end.

ByteTree Asset Management is a firm focused solely on the digital currency space. The firm self describes itself as “a leading provider of institutional-grade crypto-asset data,” with the company providing research-driven investment advise related to the world of digital assets. ByteTree also provides investment solutions to clients based on this data, which it extracts itself from digital networks.


The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Everybody Should Own Gold | George Bee – U.S. Gold Corp.

A $40M Company Created $2B in Mining Value | John-Mark Staude – Riverside Resources

The Debt Crisis Is Turning Gold Into Money | Shawn Khunkhun – Contango Silver and Gold

Recommended

Northmin Wins Competitive Bid for Historic Keel Zinc-Silver-Lead Deposit in Ireland

Brixton Hits 348 g/t Silver Over 23.5 Metres as Langis Shaft 6 Southeast Zone Extends South

Related News

He Said $300 Silver!? | Peter Krauth

Peter Kraut from Silver Stock Investor digs into what’s really driving silver’s recent surge, looking...

Tuesday, August 5, 2025, 12:53:00 PM

Tales From The Crypt(o): Around One-Fifth Of Tokens Are “Zombies”

Not dead, not alive, but equally scary–“zombie” tokens have surged this year as the cryptocurrency...

Saturday, October 8, 2022, 11:15:00 AM

MicroStrategy Now Owns Over $3 Billion in Bitcoin Following Latest Crypto Purchase

MicroStrategy (NASDAQ: MSTR), the US-based software company which as of late has become known for...

Monday, June 21, 2021, 02:38:00 PM

Bitcoin Plunges 5% as Trump Tariff Threat Triggers $500M in Crypto Liquidations

Bitcoin shed more than 5% of its value in under two hours late Sunday as...

Monday, February 23, 2026, 10:45:00 AM

MicroStrategy’s Michael Saylor Defends Bitcoins Environmental Impact: “Most Efficient, Cleanest Industrial Use Of Electricity”

MicroStrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor defends bitcoin anew regarding its impact on the...

Thursday, September 15, 2022, 10:15:17 AM