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The Fall Of The Yuan Could Trigger A New Rush Toward Bitcoin, According To Bybit

The Sino-American economic war is flaring up again and dragging the yuan down with it. In response to Donald Trump’s aggressive decision to impose drastic tariffs on Chinese products, Beijing is countering by deliberately allowing its currency to slide to its lowest levels since 2023. Unexpected consequence? A massive rush of Chinese investors toward bitcoin, which has become a lifeline amid uncertainty.