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Bitcoin Steady Above $30K as China Factory Deflation Suggests End of Global Tightening Cycle Is Near

Bitcoin Steady Above $30K as China Factory Deflation Suggests End of Global Tightening Cycle Is Near

China is exporting deflation across the Western world. Ultimately this will be good for risk assets as it relates to the end of the global interest-rate increase cycle, one observer said.

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Author: Omkar Godbole


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