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China's vow to “fight to the end” Donald Trump's tariffs can lead to yuan depreciation and easing policies that will help boost bitcoin, analysts said.
China's response followed US president Donald Trump said on April 7 that he would impose an additional 50% tariffs on China's imports if it did not reverse 34% US rewards tariffs.
“The US threat to rise tariffs in China is a mistake at the top of a mistake,” China's Ministry of Commerce Says in a statement of April 8. CarryingIf the US insists on its own way, China will fight to the end. “
China has enhanced its grip on Yuan today, allowing it to be removed at 7.2038 per dollar, the weakest since September. The level of 7.2 has been considered a line in the sand for the central bank of China for many years, and the decision to let the money weaken beyond this level can signal a transfer to the Yuan managed losses.
Bitcoin can be saushed as in 2015
Analysts suggest that a weaker yuan can boost Bitcoin, as history has shown that Chinese investors often turn to cryptocurrency during money losses.
“The US is now pursuing the whole economic pressure in China, which may be forced to respond with the amount of easing and a lowering of money,” said Markus Thielen, founder of 10X research on a note on April 7. “Well, and if China allows flight flights – Bitcoin could have sought it, just like this in 2015.”
Bybit CEO and founder Ben Zhou said in a post on x “Many Chinese capital flows into the BTC” every time the yuan goes down. Yuan's backbone is “bullish for BTC,” he said.
China also discusses whether to advance the steps to help to help the effects of Trump's tariffs on the economy, Bloomberg reported on April 7.
History shows a weakening yuan that enlarges Bitcoin
History, history, Bitcoin was rallied every time the Yuan went down as local investors turned to BTC to maintain their wealth, according to Bitmex founder Arthur Hayes.
He mentioned in an April 8 X post that when the Chinese central bank weakened Yuan in 2013 and 2015, it strengthened the price of Bitcoin, adding that history could repeat itself as the central bank compared tariffs that crack by allowing the Yuan to recover, making china exports cheaper in overseas markets.
If not the Fed then the PBOC will give us yachtzee ingredients.
Cny deval = narrative that the Chinese capital flight flows to $ Btc.
It worked in 2013, 2015, and could work in 2025.
Ignore China at your own risk. pic.twitter.com/laoeqzejzt
– Arthur Hayes (@CrypTohanes) April 8, 2025
“If not the fed [Federal Reserve]Then the PBOC [People’s Bank of China] We will be given Yahtzee elements ”to continue the Crypto Market Bull run, Hayes wrote in his post.
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