Bitcoin News Roundup for July 31, 2020

With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan's central bank, CoinDesk's Markets Daily is back.

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

Bitcoin on Track for Highest July Price Gain in 8 Years

Bitcoin appears on track to register its best July price performance for eight years and confirm a major bullish breakout in the process. 

Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine

The dollar index dropped to its lowest level since May 2018. 

Bank of Japan Puts Top Economist in Charge of Digital Yen Initiative

The central bank's most senior economist now runs the department responsible for the digital currency task force and working group with other central banks.

Bank of England Building Payments Network to Support a Potential Digital Pound

CoinDesk has learned the Bank of England's new settlement system is being built so it can be forwards compatible with a digital currency.