China to dump its US Treasury holdings for Bitcoin and gold

China plans to dump a chunk of its US Treasury holdings and for Bitcoin and gold to protect itself from rising global tensions, according to an interview given to CNBC by Jay Jacobs, head of thematics and equity ETFs at BlackRock. Jacobs said central banks around the world have been pulling away from the US […] source: https://www.cryptopolitan.com/china-us-treasuries-for-bitcoin-and-gold/