How China’s Currency Could Impact Bitcoin in the Near Term, Says Bitwise Exec

The exchange rate between the Offshore Chinese Yuan (CNH) and the U.S. Dollar has become a focal point for global macro traders as it approaches a critical threshold of 7.368. On Jan. 7, 2025, André Dragosch, European Head of Research at Bitwise Asset Management, explained on the social media platform X why this matters — […] source: https://www.cryptoglobe.com/latest/2025/01/how-chinas-currency-could-impact-bitcoin-in-the-near-term-says-bitwise-exec/