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The People's Bank of China (PBOC) set the USD/CNY fixing rate at 7.2092 on April 10, 2025, signaling a controlled weakening of the yuan, as it allows the currency to gradually lose value against the dollar while maintaining stability through daily fixes. Arthur Hayes interprets this as a sign of potential economic turbulence ("shit ‘bout to get spicy"), suggesting that a weaker yuan could lead to increased money printing by China, which historically boosts Bitcoin's value as a hedge against curr
Spot bitcoin ETFs see $127 million in outflows amid market rally following Trump's tariff pause. It has continued to weaken past few weeks key indicator to watch for.... $BTC #ETF
Markets pumped as Trump announced 90 days tariff pause yesterday and market saw recovery.
However, traders should be cautions as this recovery could be exit liquidity for major play and a dead cat bounce situation can be played out with $BTC reaching $70,000 in the upcoming days. #deadcatbounce #TariffsPause #MarketRebound
🤖🤖MELANIA’s memecoin team moved $30 million worth of the token out of the project’s community funds and has begun selling them, according to Bubblemaps.
Neither the MELANIA team nor Hayden Davis has explained the token transfers or sales so far.
On April 9, 2025, the U.S. imposed a 50% tariff on Chinese imports at 12:01 AM ET, escalating tensions; China retaliated within 7 hours by adding a 50% tariff on U.S. imports, bringing their total to 84%, matching the U.S.'s combined 34% and 50% rates under Trump’s policies.This tit-for-tat tariff escalation mirrors historical trade wars, like the Smoot-Hawley tariffs of the 1930s, which reduced global trade by 3-5% of world GDP and deepened economic downturns, as noted in "A Wealth of Common Se
Crypto markets could experience volatility as Trump tariff scheduled to go live Today Wednesday, with China’s retaliatory tariffs on Thursday. $BTC $ETH $XRP #tarifflive #china
Will China Yuan devaluation help Bitcoin to recovery like 2013 and 2015, when we say Chinese investors moving toward BTC as Yuan faced crisis.... $BTC #YuanDevaluation #yuan #recovery
$BTC hovers around $79,000 on Tuesday when writing. It could decline toward $71,000 in the upcoming weeks. The reasons are as follows: Rising tariff war and uncertanity, which trump potentially increasing China tariff to 108%.$MSTR faces loss in Q1, could sell some of their holding in BTC.Other corporates selling their BTC.Falling ETFs demand form instituted for BTC spot ETF.No further clarity on the Bitcoin Strategic Reserve (BSR) and regulation support from cryptos.No interest rate cut in US