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Strengthening Chinese Yuan May Support Bitcoin Prices via Macroeconomic Channels

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BTC
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A strengthening Chinese yuan (CNY) may hit a key support level for bitcoin (BTC) through macroeconomic and forex dynamics. The yuan recently rose to 7.043 per U.S. dollar, its highest since October 8, 2025. A stronger CNY could boost economic stimulus in China, supporting risk assets like crypto. Yuan gains may also trigger dollar recycling by the PBOC, weakening the U.S. dollar and pushing BTC toward a new support & resistance zone.
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