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Bitcoin, Asian Equities May Be Losing Capital to China Stocks

7 October 2024
in Bitcoin
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“The present surge in Chinese language shares, pushed by the stimulus bundle and investor exercise through the nationwide vacation week, represents a calculated risk-reward commerce for savvy traders. Even with a 3-5% price to transform [stablecoin] USDT into equities, the potential upside of 50-70% makes this a strategic transfer,” Danny Chong, co-founder of multi-staking protocol and co-founder of Digital Belongings Affiliation Singapore, advised CoinDesk in an e-mail.



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Tags: AsianBitcoinCapitalChinaequitiesLosingStocks
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