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It's Friday, July 7,, 20203, and this is Markets Daily from CoinDisc.

George Clout is here again for your daily news roundup.

On today's show, we're talking Bitcoin, macro, the latest headlines, and more. And just a reminder, CoinDisc is a new source and does not provide investment advice.

Bitcoin is up 0.8% while Ether has ticked down slightly by 0.4%.

Bitcoin retook $30,000 after briefly dip below that mark yesterday. As we discussed

on yesterday's show, hawkish expectations from the Fed are already bolstered, so a miss on the

headline non-farm payrolls numbers, which we got, and wage growth, which we did not get,

could bring back a positive move to risk assets, which, of course, include cryptocurrencies.

More of the jobs data later, but market attention will now shift to the Treasury yield curve

and the potential for its, quote, de-inversion, which we really should just call being normal,

since investors normally demand more return for lending money for longer durations.

Historically, when the yield curve goes back to normal, that is, when yields on longer duration bonds exceed that of shorter duration bonds,

...