Bitcoin declined today after China ordered banks to reduce US treasury holdings. This action reflects risk-off sentiment as the Chinese central bank increases gold purchases and reduces exposure to risk assets.
Bitcoin Falters as China Pushes Risk-Off, Orders Banks to Sell US Treasuries
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





