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The Daily Hodl 2023-09-22 00:00:40

Arthur Hayes Says China Capital Flight Could Shake Up Macro Climate – Could It Affect Bitcoin?

Possible capital flight from China is an important trend to watch, according to controversial BitMEX founder and crypto veteran Arthur Hayes. Google Finance data indicates the Chinese yuan (CNY) has fallen by more than 5% against the US dollar since the beginning of 2023. Hayes tells his 394,100 followers on the social media platform X The post Arthur Hayes Says China Capital Flight Could Shake Up Macro Climate – Could It Affect Bitcoin? appeared first on The Daily Hodl .

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