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Bitcoin Hit Record Inverse Correlation to Chinese Yuan in Past Week

September 6, 2019 by DIGIT
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Weakening Chinese yuan leads to higher Bitcoin prices and Asian premium

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Categories Bitcoin, China, hedge, Yuan
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  • bitcoinBitcoin(BTC)$70,824.00-7.46%
  • ethereumEthereum(ETH)$2,095.21-7.84%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$690.77-9.13%
  • rippleXRP(XRP)$1.45-9.45%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$90.82-8.08%
  • tronTRON(TRX)$0.281137-1.90%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.101944-6.17%
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  • bitcoinBitcoin(BTC)$70,824.00-7.46%
  • ethereumEthereum(ETH)$2,095.21-7.84%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$690.77-9.13%
  • rippleXRP(XRP)$1.45-9.45%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$90.82-8.08%
  • tronTRON(TRX)$0.281137-1.90%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.101944-6.17%