Chinese stocks tumble as Bitcoin breaks all-time highs. Coincidence?

China’s stock markets are bleeding red, while the Bitcoin it banned rockets to new highs, leaving us to wonder if there’s a connection between the two. On Monday, the CSI 300, which tracks China’s top companies, dipped 0.6%, and the Hang Seng index slid 0.4% in Hong Kong. Over the same period, Bitcoin exploded by […] source: https://www.cryptopolitan.com/chinese-stocks-tumble-bitcoin-all-time-high/