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China Decoupling From Bitcoin

January 14, 2022
Source: jicnews.com jicnews.com
News Snapshot:
China Decoupling From Bitcoin The once dominant Chinese market now appears to have little influence on bitcoin’s price with Asia’s trading hours seemingly becoming a bit quiet. On a day that had much activity on stock trading, with the Shanghai Composite Index down 1.17%, the Shenzhen Component Index down 1.96% and the ChiNext Index down 1.71%, bitcoin pretty much sidewayed. Bitcoin fell by about 1%, or $500, near China trading hours at 12 and 1 AM UTC, but the China moves are usually at 2 UTC, and here we have a bit of green, some consideration at 3AM, and then...
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Tags: America | bank | bitcoin | blockchain | censorship | China | Chinese | communist | currency | Decoupling | democracy | Dollar | Economy | Europe | finance | fintech | Guangdong | investment | New York | Poverty | Renminbi | Russia | Shanghai | Shenzhen | stocks

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