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Bitcoin Bounces Back to Important Technical Threshold

On July 25, there was a rebound in Bitcoin to a significant technical level. This was largely due to encouraging remarks from Tesla’s CEO Elon Musk and Ark Investment Management’s CEO Cathie Wood, both prominent supporters of cryptocurrency. Simultaneously, an initial cryptocurrency pioneer has cautioned about forthcoming obstacles for digital currencies. Bloomberg’s Su Keenan provides insights on “Bloomberg Daybreak: Australia.”

Credit: YouTube/Bloomberg Television

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