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Bitcoin News Roundup for July 2, 2020

With traditional markets moving up and BTC sticking to its recent tight trading range, Markets Daily is back with another bitcoin news roundup.

Updated Dec 6, 2022, 6:28 p.m. Published Jul 2, 2020, 5:45 p.m.
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With traditional markets moving up and BTC sticking to its recent tight trading range, Markets Daily is back with another bitcoin news roundup.

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This episode is sponsored by Bitstamp and Crypto.com.

Today's News:

Market Wrap: As Traditional Markets Rally, Bitcoin Gets Boring

Equities show strength as bitcoin stays rangebound above $9,000.

Why Bitcoin Bulls Are Betting on Explosive Growth in India

Demand for bitcoin is up in India, thanks in part to the economic crisis. But Indian tech startups are more focused on Ethereum.

Researchers Expose Flaw in Bitcoin Wallets That Could Be Exploited for Double-Spending

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

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What to know:

  • A number of notable market analysts of late have dismissed the idea of bitcoin's four-year cycle and the nearly certain bear market that might imply.
  • Fidelity's Jurrien Timmer, however, says the action so far this time around lines up about perfectly with past four-year cycles and the current bearish action should last deep into 2026.