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“We are waiting for their call,” he told readers. Bitcoin advocates eyed the devaluation of the yuan as part of China’s tariff response and the potential inflows to hedges such as BTC as a result. “Xi ...

Arthur Hayes says Chinese yuan devaluation could spark a historic capital flight into Bitcoin — just like in 2013 and 2015 — as U.S.-China tensions escalate over Trump's latest tariffs.

Crypto analysts anticipate that the yuan's depreciation could favor bitcoin (BTC), drawing parallels to similar events from a decade ago. Early Tuesday, the People's Bank of China (PBOC ...

The yuan’s devaluation could drive the narrative of Chinese capital flight into hard assets, which includes Bitcoin (BTC), according to BitMEX founder Arthur Hayes. Bybit’s co-founder and CEO ...

China M2 supply hit a new high of 326T Yuan ($44.7T) at the end of the first quarter, sparking speculation that Bitcoin might ...

In 2015, when China had significantly devalued the yuan, Bitcoin (BTC) surged in the following months. A similar trend could unfold now. The slight devaluation has already lifted risk sentiment ...

Meanwhile, the yuan weakened to a seven-week low of 7 against the dollar alongside losses in the Asian equities and an impending death cross in bitcoin (BTC). Letting the yuan depreciate ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.