Chinese Think Tank: "Bitcoin (BTC), a Countermeasure to U.S. Dollar Hegemony"

Source
JH Kim

Summary

  • A Chinese government-affiliated think tank evaluated Bitcoin (BTC) as a countermeasure against U.S. dollar hegemony.
  • The report stated that Bitcoin was mentioned as a reserve asset that should be continuously monitored.
  • As of 01:28 on the 31st, Bitcoin was trading at $104,911.60 on the Binance Tether (USDT) market, down 1.78% from the previous day.

According to SolidIntel on the 30th (local time), a Chinese government-affiliated think tank evaluated Bitcoin (BTC) as a countermeasure against U.S. dollar hegemony and a reserve asset that should be continuously monitored in its report.

Meanwhile, as of 01:28 on the 31st, Bitcoin is trading at $104,911.60 on the Binance Tether (USDT) market, down 1.78% from the previous day.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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