Bitcoin bull takes line up after a record monthly close precedes the start of what are historically double-digit February ...
The yield on the 10-year Chinese government bond recently dropped to 1.6%, down 100 basis points ... In 2015, China devalued the yuan, and Bitcoin saw a dramatic increase, trading more than ...
The yield on the benchmark 10-year Chinese government bond dipped below 1. ... yuan could result in a capital flight, some of which could find its way into the crypto market and add to BTC's ...
Bitcoin will be an obvious destination ... as evidenced by the spike in the offshore yuan's overnight interbank interest rate in Hong Kong rose to 8.1%, the highest since June 2021.
The new year has offered no relief for Chinese assets, which continue to decline in a meltdown that could further fuel the ongoing bitcoin (BTC) bull run. The Chinese yuan (CNY) fell to 7.32 per U ...