#ChinaCryptoBoom #Tariffchina

China's reaction to US trade tariffs could lead to increased investment in Bitcoin and cryptocurrency.

As per my market understanding. I believe that the People's Bank of China (PBOC) may be the factor needed to trigger a Bitcoin market surge. If China devalues its currency, the yuan, it could prompt capital to flow into Bitcoin, a pattern seen in past years. Ben Zhou, co-founder and CEO of Bybit, mentions that a weakening yuan historically drives Chinese investments into BTC, which is positive for Bitcoin's value. Recently, the yuan experienced a significant decline against the US dollar.

So, market sentiment reflecting decline in valuations and liquidity seems like negative things but it always comeback with stronger buying to fill the gap of selling pressure and it always bring good capital investments in Crypto market. As their markets don't show great profits like Crypto.