Why Bitcoin faces a brutal liquidity trap because China's $298B of US Treasuries are up for sale

China’s gradual retreat from US government debt is evolving from a quiet background trend into an explicit risk-management signal, and Bitcoin traders are watching the market for the next domino. T...

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Why Bitcoin faces a brutal liquidity trap because China's $298B of US Treasuries are up for sale

Source: CryptoSlate

China’s gradual retreat from US government debt is evolving from a quiet background trend into an explicit risk-management signal, and Bitcoin traders are watching the market for the next domino. The immediate trigger for this renewed anxiety came on Feb. 9 when Bloomberg reported that Chinese regulators were urging commercial banks to limit their exposure […]