China FX Outflows Soar As Beijing Prepares For Next Currency Devaluation, Priming Next Bitcoin Doubling

China’s FX outflows surge 17% in Q2, signaling massive capital flight amid economic concerns. Beijing is now preparing for its next currency devaluation, potentially spurring another wave of demand for safe-haven assets like #Bitcoin


0

Leave a Reply

Your email address will not be published. Required fields are marked *