OMG! When the Renminbi devalues, will Bitcoin defy the odds? Wall Street tycoons reveal an astonishing historical coincidence!
As the China-U.S. trade war escalates, the shadow of Renminbi devaluation reappears, and Bitcoin may become a new channel for capital flight. Renowned investor Hayes warns: "In 2013 and 2015, when the Renminbi devalued, Bitcoin soared! History may repeat itself in 2025!"
The latest tax increases in the U.S. aggravate the situation, with Beijing responding firmly, causing market anxiety to spike. The offshore Renminbi has dropped to a low of 7.35, and many are concerned that capital will again flood into Bitcoin as a safe haven.
Hayes states emphatically: "It’s either the Federal Reserve or the People's Bank of China stimulating the market, and Bitcoin will be the biggest winner!" Historically, every time the Renminbi has devalued, Bitcoin has experienced explosive growth, even surging from $13 to $1163!
Despite China imposing restrictions on crypto trading, many analysts believe that capital can still find ways to enter the market, with stablecoins potentially serving as a springboard.
However, some question whether this round of capital flight can replicate past miracles, as regulations have changed, and the pathways are more covert. But if the devaluation reaches 20%-30%, the demand for safe havens may overshadow everything.
Conclusion: If the Renminbi devaluation starts, Bitcoin may enter a super cycle! Is it history repeating itself, or a bubble bursting? We shall see!
As the China-U.S. trade war escalates, the shadow of Renminbi devaluation reappears, and Bitcoin may become a new channel for capital flight. Renowned investor Hayes warns: "In 2013 and 2015, when the Renminbi devalued, Bitcoin soared! History may repeat itself in 2025!"
The latest tax increases in the U.S. aggravate the situation, with Beijing responding firmly, causing market anxiety to spike. The offshore Renminbi has dropped to a low of 7.35, and many are concerned that capital will again flood into Bitcoin as a safe haven.
Hayes states emphatically: "It’s either the Federal Reserve or the People's Bank of China stimulating the market, and Bitcoin will be the biggest winner!" Historically, every time the Renminbi has devalued, Bitcoin has experienced explosive growth, even surging from $13 to $1163!
Despite China imposing restrictions on crypto trading, many analysts believe that capital can still find ways to enter the market, with stablecoins potentially serving as a springboard.
However, some question whether this round of capital flight can replicate past miracles, as regulations have changed, and the pathways are more covert. But if the devaluation reaches 20%-30%, the demand for safe havens may overshadow everything.
Conclusion: If the Renminbi devaluation starts, Bitcoin may enter a super cycle! Is it history repeating itself, or a bubble bursting? We shall see!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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