#USChinaTensions 💣💥Boom! Tensions are rising like gas in a bull market 🚀… and this time it's not because of BTC, but because of a geopolitical bomb with a yuan and dollar flavor 🧧💵.
China has issued a direct warning to countries that sign trade agreements with the US that could harm its interests. According to official media 🇨🇳, Beijing accuses Washington of "pressuring" other nations to reduce their economic ties with the Asian giant 💼✂️.
🤔And what does this have to do with crypto? Much more than meets the eye.
Tensions between the US and China often have a domino effect on traditional financial markets… and yes, on the crypto space too. Remember, whenever there's global turbulence, many investors turn to Bitcoin as a digital safe haven.
Additionally, 🇨🇳 China has tightened its policies on cryptocurrency mining and use in recent years ⛏️❌, while the US seeks to attract crypto companies with "clearer" regulatory frameworks (ahem, 😉 not always).
Is a crypto cold war coming? 🧊🪙
📌 Sources: El País, Cointelegraph, Reuters
🤔 What do you think?
Do you think these tensions will boost BTC's price or just bring more FUD?
👉🏻 I'll read you in the comments!
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