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Analysis on China's capital flight & potential impact on #Bitcoin.

Newscrypto
Newscrypto
Twitter
22 Sep 2023, 18:06
šŸ” Analysis on China's capital flight & potential impact on #Bitcoin šŸ‡ØšŸ‡³ China is experiencing one of its largest capital flights in years, with outflows hitting $49 billion in August, the largest since December 2015.

Same news in other sources

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Newscrypto
NewscryptoNWC #1012
Twitter
22 Sep 2023, 18:06
9/ šŸ“‰ Currently, Bitcoin is trading at $26,621, continuing to hover between $25,000 and $27,000 since mid-August. What price do you think $BTC will hit on 22nd October? Let us know in the comments.
Currently, Bitcoin is trading at $26,621, continuing to hover between $25,000 and $27,000 since mid-August.
9/ šŸ“‰ Currently, Bitcoin is trading at $26,621, continuing to hover between $25,000 and $27,000 since mid-August. What price do you think $BTC will hit on 22nd October? Let us know in the comments.
Newscrypto
NewscryptoNWC #1012
Twitter
22 Sep 2023, 18:06
8/ šŸš€ Despite restrictions, there may still be methods for Chinese capital to use #crypto, like mining crypto using domestic electricity or buying #Tether (USDT) via Tron to send crypto internationally.
Despite restrictions, there may still be methods for Chinese capital to use #crypto, like mining crypto using domestic electrici
8/ šŸš€ Despite restrictions, there may still be methods for Chinese capital to use #crypto, like mining crypto using domestic electricity or buying #Tether (USDT) via Tron to send crypto internationally.
Newscrypto
NewscryptoNWC #1012
Twitter
22 Sep 2023, 18:06
2/ šŸš« Strict capital controls in the country make crypto one of the few viable options for investment.
Strict capital controls in the country make crypto one of the few viable options for investment.
2/ šŸš« Strict capital controls in the country make crypto one of the few viable options for investment.
Newscrypto
NewscryptoNWC #1012
Twitter
22 Sep 2023, 18:06
1/ This could lead to substantial inflows into Bitcoin in the coming months. The weakening #yuan and the absence of growth in local companies are pushing investors to look for opportunities outside of #China.
1/ This could lead to substantial inflows into Bitcoin in the coming months.
1/ This could lead to substantial inflows into Bitcoin in the coming months. The weakening #yuan and the absence of growth in local companies are pushing investors to look for opportunities outside of #China.