BTC logo
BTC
$111,448.53
1.56%
ETH logo
ETH
$4,035.33
2.86%
USDT logo
USDT
$1.0005
0.05%
BNB logo
BNB
$1,191.75
0.25%
XRP logo
XRP
$2.4227
4.56%
SOL logo
SOL
$194.05
7.00%
USDC logo
USDC
$1.0001
0.02%
TRX logo
TRX
$0.3221
1.14%
DOGE logo
DOGE
$0.1982
3.66%
ADA logo
ADA
$0.6750
4.60%
HYPE logo
HYPE
$38.26
6.04%
LINK logo
LINK
$18.18
4.38%
USDE logo
USDE
$0.9999
0.03%
BCH logo
BCH
$524.04
2.84%
XLM logo
XLM
$0.3264
4.20%
SUI logo
SUI
$2.6856
5.89%
AVAX logo
AVAX
$21.99
5.05%
WBT logo
WBT
$42.27
1.34%
LEO logo
LEO
$9.6325
0.02%
HBAR logo
HBAR
$0.1808
5.58%
BTC logo
BTC
$111,448.53
1.56%
ETH logo
ETH
$4,035.33
2.86%
USDT logo
USDT
$1.0005
0.05%
BNB logo
BNB
$1,191.75
0.25%
XRP logo
XRP
$2.4227
4.56%
SOL logo
SOL
$194.05
7.00%
USDC logo
USDC
$1.0001
0.02%
TRX logo
TRX
$0.3221
1.14%
DOGE logo
DOGE
$0.1982
3.66%
ADA logo
ADA
$0.6750
4.60%
HYPE logo
HYPE
$38.26
6.04%
LINK logo
LINK
$18.18
4.38%
USDE logo
USDE
$0.9999
0.03%
BCH logo
BCH
$524.04
2.84%
XLM logo
XLM
$0.3264
4.20%
SUI logo
SUI
$2.6856
5.89%
AVAX logo
AVAX
$21.99
5.05%
WBT logo
WBT
$42.27
1.34%
LEO logo
LEO
$9.6325
0.02%
HBAR logo
HBAR
$0.1808
5.58%
Markets
Share this article

Bitcoin Analysts Optimistic as China Surprisingly Fixes Yuan Beyond 7.2 Level

Analysts suggest the yuan's depreciation may lead to capital flight into bitcoin.

By Omkar Godbole|Edited by Parikshit Mishra
Updated Apr 8, 2025, 3:09 p.m. Published Apr 8, 2025, 5:19 a.m.
PBOC hints openness to weaker yuan in a supposedly bullish sign for BTC. (SW1994/Pixabay)
PBOC hints openness to weaker yuan in a supposedly bullish sign for BTC. (SW1994/Pixabay)