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Title: [2016-12-22] Yuan Heading for Big Drop – What China’s Outflows Mean for Bitcoin Post by: tyz on December 22, 2016, 08:21:10 PM Yuan Heading for Big Drop – What China’s Outflows Mean for Bitcoin
Analysts have warned that China’s capital outflows are accelerating while the yuan is depreciating sharply. They predict the situation to worsen in 2017. Bitcoin.com asked Spencer Bogart, Equity Research analyst at Needham & Company, how China’s situation could affect bitcoin. https://news.bitcoin.com/yuan-heading-big-drop-chinas-outflows-mean-for-bitcoin/ |