Bitcoin News Roundup for July 1, 2020

With a historically boring update to bitcoin’s mining difficulty and the digital dollar back in the news, CoinDesk’s Markets Daily is back for your bitcoin news roundup.

Today’s news:

Bitwise suggests bitcoin could be looking at territory well north of the previous $20,000 all-time high.

Bitcoin volatility continues to drop as the price stays within a tight range and traders wait for a breakout in either direction.

Bitcoin’s mining difficulty just posted the smallest percentage change in 10 years.

The District of Columbia Bar has approved crypto payments for lawyers’ fees.

While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.

Disclosure

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