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It's Thursday, July 6th, 2023, and this is Markets Daily from CoinDisc.

I'm George Kulutis here again for your Daily News Roundup.

On today's show, we're talking Bitcoin, the Fed, the latest headlines, and more.

And just a reminder, CoinDisc is a news source and does not provide investment advice.

Bitcoin is down 0.7% and Ether is trading down 1.4%.

And this comes while traditional markets are also all trending down.

There was some strength in the last 24 hours until a mid-morning dive, and this strength can probably be attributed, yet again, to BlackRock and the institutions.

Yesterday, BlackRock CEO Larry Fink went on Fox business and said that, quote,

we do believe that if we can create more tokenization of assets

and securities, that's what Bitcoin is, it could revolutionize finance. Think continued. Instead

of investing in gold as a hedge against inflation, a hedge against the onerous problems of any one

country or the devaluation of your currency, whatever country you're in, let's be clear, Bitcoin

...