I believe that the USA is doing it on purpose, with the sale of shares in dollars 💵 from China, the dollar price would fall making the value of cryptocurrencies higher, as they are risk assets.

Big moves happening behind the scenes — and it’s not just about Bitcoin or Ethereum this time.

China is quietly shifting its money game…

In February alone, China sold $22.7 BILLION worth of U.S. Treasury bonds, bringing its total holdings down to the lowest since 2009. Yup — they’re dumping U.S. debt fast.

At the same time, guess what they’re buying up like crazy?

Gold.

China’s been stacking gold for 16 months straight, and some reports say they might now be holding over 10,000 tons — way more than they officially admit.

So what’s going on?
It’s all about de-dollarization.
China doesn’t wanna be at the mercy of the U.S. dollar anymore — especially with rising tensions, sanctions, and trade fights. They’re trying to protect themselves with real-world assets like gold.

Meanwhile, some voices in the U.S. are saying:

“If China’s going for gold... we should go for Bitcoin.”

There’s even talk of selling U.S. gold reserves to stack Bitcoin, and using BTC to counter China’s move. The U.S. already holds over 203,000 BTC from seizures — and now people are saying hold onto it, don’t sell.

Gold vs. Bitcoin — two giant powers playing two different money games.

So… who’s gonna win this?

Let me know your thoughts — is Bitcoin the next global weapon, or is gold still the king?

#china #TRUMP #cryptouniverseofficial #CryptoPatience #CryptoWatchMay2024
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Wealthwave