BREAKING: 🇨🇳 Chinese press reports banks cutting deposit rates below 2%.
This is bullish for Bitcoin and crypto.
Every time China slashed rates this low—2008, 2020—the Fed follows.
Why it matters:
• In 2008 & 2020, China led rate cuts as global growth collapsed
• U.S. followed with Fed rate cuts + QE
• Bitcoin exploded after both (post-08 genesis, post-20 ATHs)
Now in 2025:
• Trade War 2.0 rages
• China cutting rates to support Yuan
• Puts pressure on Fed to cut + end QT to defend dollar value & risk assets
Low deposit rates = capital flight
Capital flight = risk-on flows
Risk-on flows = Bitcoin wins again
We’ve seen this playbook before.