Bitcoin Finds Strength for Bullish Rally as Chinese Yuan Becomes Weaker - InvestingChannel

Bitcoin Finds Strength for Bullish Rally as Chinese Yuan Becomes Weaker

China is fueling an impressive uptrend in the price of Bitcoin as Chinese investors find more reasons to store their wealth in alternative currencies. The Chinese Yuan has been falling lower in the last couple of weeks in response to the possibility that the U.S. Federal Reserve might raise interest rates by the end of this year.

Read More