List of Flash News about CNY exchange rate
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2025-04-16 13:40 |
USD Depreciation Against CNY: Impact on Bitcoin Appreciation
According to André Dragosch on Twitter, financial analyst Luke Gromen suggests that the USD is currently valued at 80% - 85% of the CNY. This implies a significant potential for USD depreciation, which could lead to Bitcoin appreciation. Investors should closely monitor USD-CNY exchange rates as a weakening USD could enhance Bitcoin's attractiveness as an alternative asset. |