The Fall Of The Yuan Could Trigger A New Rush Toward Bitcoin, According To Bybit
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Escalating Sino-American trade tensions are causing the yuan to weaken, prompting Chinese investors to seek alternative investments like Bitcoin. The currency's depreciation and economic uncertainty are driving capital flows toward cryptocurrency as a potential safe haven.
April 09, 2025 | 12:15 pm
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Geopolitical tensions and yuan depreciation could drive increased Bitcoin investment, potentially boosting cryptocurrency valuations.
Multiple factors suggest potential Bitcoin appreciation: yuan weakness, trade tensions, and investors seeking alternative assets. Bybit CEO confirms increasing capital flow into Bitcoin.
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