Bitcoin may spike with China yuan devaluation amid trade conflict with US
Bitcoin could emerge as a major winner from the intensifying trade conflict between the United States and China. Arthur Hayes, co-founder of BitMEX, believes aggressive monetary policy responses, p...
Source: CryptoSlate
Bitcoin could emerge as a major winner from the intensifying trade conflict between the United States and China. Arthur Hayes, co-founder of BitMEX, believes aggressive monetary policy responses, particularly currency devaluations, could trigger increased Bitcoin adoption. In an April 8 post on X, Hayes suggested that devaluing the Chinese Yuan (CNY) might trigger renewed interest […]