Exploring the Impact of China’s Monetary Policy on Bitcoin and the Wider Crypto Market
1y ago•
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Arthur Hayes has suggested that Chinese financial authorities might be preparing to bolster the country’s economy with credit, which could in turn support Bitcoin (BTC) and the broader cryptocurrency market. Chinese Echoes in Cryptocurrency BitMEX co-founder highlighted that factors could lead China to “flood the world with yuan credit”.
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1y ago•
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2
bearish:
0
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