Chinese Investors Seek Shelter In Bitcoin As Economy Struggles

Chinese investors are seeking shelter in Bitcoin and other cryptocurrencies as the country’s economy struggles. This is evident in the inflows that the country’s over-the-counter (OTC) crypto brokers are witnessing, according to a report by Chainanalysis. The Bank of China recently announced a stimulus policy to help revive the economy, which could also benefit BTC. The post Chinese Investors Seek Shelter In Bitcoin As Economy Struggles appeared first on CoinGape .

Source: CoinGape