Bitcoinist
2020-07-09 08:04:53

China’s Margin Loan Bubble Puts Bitcoin Price Rally At Risk

Bitcoin’s gains this week came on the back of a substantial equity rally led by the Chinese market. But the latest reports indicate that the CSI 300 index, a standard of country’s most significant stocks, climbed because of an increase in margin loans. That led to the speculation that China’s best bull run in the last five years could be a bubble. The analogy puts Bitcoin at risk of negating its recent gains in the […]

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