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RE: Possible reason for today's crypto selloff

in #cryptocurrency5 years ago

ps. did you notice that chinese central banks "killed" their own currency just few days ago? In response to trade war and another set of tarrifs, they decided to bring their own currency to level from 11 years ago. I wonder what will happen next.

It's probably just the beginning. IMO, the trade war will be rather long drawn. It's going to be a long struggle and China loves to play the long game. However, devaluation of fiat currencies is always good for crypto :)

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