It appears the US equity market's failure to break Dow 20k once again has sparked a selling avalanche in Bitcoin (which just tumbled from $970 to 950 in minutes). Most notably is the huge volume of sellers in BTCChina - relatively odd given its midnight there...
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Or is this The PBOC intervening as capital outflows accelerate?
Notably, this happened earlier...
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But...
- *PBOC SAYS REPORTS OF ONSHORE CNY/USD RATE BREAKING 7 INACCURATE
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