Want to create an interactive transcript for this episode?
Podcast: Markets Outlook
Episode: Crypto Update | In Defense of Crypto Speculation
Description: With bitcoin dropping below the critical level of $20K as MicroStrategy's Michael Saylor gets sued by the District of Columbia for tax fraud, plus a look at why speculation can be healthy for crypto, CoinDesk’s “Markets Daily” is back with its latest news roundup. Today's Stories:Stock Futures Edge Down Ahead of Jobs, Manufacturing Data Sterling posts worst monthly fall since wake of 2016 Brexit referendum | Financial Times BofA: Crypto Buying Momentum Fades as Investors Weigh Bear-Market Bounce, Recession RiskFed Paper Admits the Central Bank Can’t Control Inflation...