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China Sets Yuan Below Key 7.2 Level as Bitcoin Analysts Predict Capital Flight - TLDR
China set the yuan fix beyond the key 7.2 level, likely responding to US tariffs
Bi... - https://blockonomi.com/china-sets-yuan-below-key-7-2-level-as-bitcoin-analysts-predict-capital-flight/ #regulation #bitcoin
Blockonomi · China Sets Yuan Below Key 7.2 Level as Bitcoin Analysts Predict Capital FlightChina's yuan depreciation beyond key threshold may trigger capital flight to Bitcoin, repeating historical patterns despite tighter crypto regulations.