BITCOIN FACES A GREAT CHALLENGE AS CHINA MAY SELL 298 BILLION USD IN U.S. BONDS
According to a new report, a large portion of China's U.S. Treasury bond reserves valued at 298 billion USD may be sold in the future. This creates pressure on the global market, particularly with riskier assets like Bitcoin and other cryptocurrencies.
China's reduction of its holdings in U.S. bonds not only affects interest rates and U.S. bond yields but also causes fluctuations in the global financial market. As bond yields increase, capital may shift away from riskier assets such as stocks and cryptocurrencies.
In this context, Bitcoin faces the challenge as demand from investors may decrease, while price volatility increases due to concerns about macroeconomic risks.
Nevertheless, the market is still closely monitoring the movements and policy decisions from central banks – which could affect global cash flow and investor sentiment.
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